NITI Aayog to Submit Roadmap on Energy Transition in November
NITI Aayog is also working on setting up a green transition ecosystem for “hard-to-abate” industries, including steel, cement and petrochemicals.
Premier policy think tank Niti Aayog will be giving its report to develop the roadmap for green energy transition and achieve the net-zero target in November, according to the PTI.
The news agency cited Niti Aayog CEO BVR Subrahmanyam confirming the news on the sidelines of the launch of the Telangana Chapter of Women Entrepreneurship Programme, the think tank’s flagship initiative.
“Wait for one month. NITI Aayog has got the best group in India working on energy transition, Climate Change, net zero and circularity. We will be coming out with reports in November. We will be actually giving the roadmap for net zero by 2070,” he said.
Subrahmanyam further said NITI Aayog is working on setting up a green transition ecosystem for “hard-to-abate” industries, including steel, cement, and petrochemicals.
He added that circularity could be brought in very quickly in lithium-ion batteries, electronic components, vehicles, rubber tires and steel.
He said 2.2 million workforce have been added from pre-Covid till now in the industrial sector. In contrast, the gross value added per worker has increased, and emoluments per worker have risen by ₹70,000 a year, resulting in a total earning of ₹3.5 lakh per annum.
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