Contribution of renewable power towards eliminating shortages and meeting economic growth aspirations

This study examines the contribution of renewable energy towards meeting the country’s energy security while eliminating power shortages and meeting the economic growth aspirations over the next twenty years i.e. till 2031. This study specifically explores the possibility of adopting RE generation based on its economics vis-à-vis that of other conventional sources. Further, this study also assesses the financial impact of any subsidy or policy push provided to the RE sector with the aim of achieving energy security for the country.