Energy saved is energy earned
India’s energy needs will grow four-fold over 25 years if GDP grows at 7-8 per cent. A recent KPMG report, quoting Planning Commission data, notes that India can save about 351 MTOE or 19 per cent of its total requirement by 2032.
India’s energy needs will grow four-fold over 25 years if GDP grows at 7-8 per cent. A recent KPMG report, quoting Planning Commission data, notes that India can save about 351 MTOE or 19 per cent of its total requirement by 2032.
More efficient transportation and a 30 per cent increase in power generation efficiency can help deliver the rest.
“The focus is less on energy conservation and management, and more on new generation and new energy sources, but we need to do both,” says Arvind Mahajan, Executive Director, KPMG India.
— K.R. Balasubramanyam
