As climate crisis intensifies and extreme weather events affect the Indian subcontinent, the nation is facing an urgent need for a greener energy transition. In its Nationally Determined Contributions (NDC), India has set a target of achieving 50% of its cumulative electric power installed capacity from non-fossil fuelbased resources by 2030 and reducing the emission intensity of its economy by 45% from 2005 levels by 2030. Additionally, India has commitment to achieve energy independence by 2047 and reach net zero carbon emissions by 2070.
The nation faces the colossal challenge of increasing its renewable energy capacity and is poised to lead the global renewables narrative in the next few decades with growing technologies in renewable energy.
India is racing towards its renewable energy targets, opting for decarbonised growth for meeting its energy needs. India’s energy demand in this decade is set to grow ahead of the other economies of similar size. Hence, our ambitious targets of achieving 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030 is targeted at reducing India’s emissions intensity.
At JSW Energy, we understand the urgency for climate action, and we are playing a crucial role in making the shift towards a more sustainable world by adopting the sustainability targets for 2030. Our power generation mix makeover, which mainly consists of renewables, aims at generating and delivering economically, environmentally, socially sustainable and equitable renewable energy to the nation.
We are committed to becoming net zero and contributing to a carbon-free world by accelerating the clean energy transition. With sustainability as a key value driver for our growing business, we have further sharpened our sustainability strategy and remain committed to achieving our targets for 2030.
WITH A FOCUSSED SUSTAINABILITY STRATEGY, WE NAVIGATE FORWARD WITH A MEANINGFUL ROLE. WE CONTINUE TO PURSUE OUR ASPIRATIONS, WITH TANGIBLE METRICS AND A CLEAR ROADMAP, WITH THE ULT IMATE OBJECTIVE OF STRENGTHENING OUR LONG-TERM RELEVANCE, AND CREATING A MORE SUSTAINABLE FUTURE FOR THE PLANET.