Green Energy

India Accelerates Green Energy Transition at ICC Summit

India’s Green Energy Transition Gains Momentum at ICC Summit

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Green Energy Paving the Way for a Net-Zero Future

In a significant push toward sustainable energy, the Indian Chamber of Commerce (ICC) hosted its 13th Green Energy Summit, themed “Green Energy Transition: India’s Moment of Opportunity.” The summit brought together leading policymakers, industry experts, and stakeholders to discuss India’s path to a net-zero future. It unveiled a comprehensive Knowledge Paper outlining actionable strategies for green energy transformation.

The event covered critical topics such as nuclear energy, solar manufacturing, battery storage solutions, and coal gasification, reaffirming India’s commitment to clean energy expansion and carbon reduction goals.

A Knowledge-Driven Roadmap for Green Energy Growth

At the heart of the summit was the launch of the Knowledge Paper “Advancing Sustainable Energy Transition – Pathway for Net-Zero Future in India.” This in-depth study presents a strategic framework to accelerate India’s shift from fossil fuels to renewable energy while addressing economic, social, and policy challenges.

Key Highlights of the Knowledge Paper:

  • Renewable Expansion: India needs to add 40-50 GW of renewable capacity annually, with state and central utilities playing a pivotal role.
  • Domestic Solar Manufacturing: Strengthening local production capabilities while relaxing trade barriers on solar cell imports until the domestic sector matures.
  • Hydro & Nuclear Growth: Speeding up the completion of pending hydro and nuclear projects to expand clean energy sources.
  • Land and Regulatory Reforms: Streamlining land acquisition and fast-tracking clearances for green energy projects.
  • Investment in Green Hydrogen & CCUS: Scaling up Green Hydrogen, Carbon Capture Utilization and Storage (CCUS), and long-duration energy storage solutions.
  • Innovative Financing Models: Encouraging private investment through policy clarity and strategic funding mechanisms.

This comprehensive roadmap aligns with India’s 2070 net-zero goal, providing a blueprint for clean energy expansion while ensuring a Just Transition for communities dependent on traditional energy sectors.

Industry Leaders Chart the Future of Renewable Energy

The summit featured insightful discussions from industry pioneers on how India can transition to self-reliant and consumer-friendly energy solutions.

Perspectives from Key Stakeholders:

Anil Razdan, ICC National Expert Committee on Energy & Former Power Secretary, highlighted the critical role of electricity in modern life, stating:

“Electricity is no longer static; it is dynamic and integral to our daily lives. To ensure a holistic transition, our green energy discussions must cover solar, wind, nuclear, and gasification.”

Kush Singh, Co-Chair, ICC National Expert Committee on Energy & Head-Power, RPSG Group, emphasized India’s self-sufficiency goals:

“The government is focused on a green-to-green transition and maximizing internal resources to achieve energy independence.”

These discussions reinforced India’s strategic shift toward clean energy while balancing economic growth and sustainability goals.

Recognizing Excellence in Renewable Energy

The 5th Green Urja and Energy Efficiency Awards concluded the summit by celebrating trailblazers in the renewable energy sector.

  • Winners included:
    • Tata Capital Ltd – Recognized for innovative financing in clean energy projects.
    • Berger Paints India – Awarded for implementing sustainable energy solutions.
    • Adani Green Energy Ltd – Honored for large-scale renewable energy contributions.

Dr Anil Kumar Jain (Chairperson of PNGRB), Ms Neerja Mathur (Former CEA Chairperson), and Dr Ashvini Kumar (Former MD, SECI & TERI Senior Director) presented the awards.

The 13th ICC Green Energy Summit has set the stage for bold and actionable steps toward India’s clean energy transformation. With a focus on renewables, technological advancements, and policy reforms, India is on track to becoming a global leader in sustainable energy.

As the nation accelerates its transition toward net zero, collaborative efforts from government, industry, and civil society will be key to driving real, long-term impact.

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