Union Minister Bhagwanth Khuba on Tuesday stressed the need for the energy transition in view of rising demand, which can eventually help create 3.2 million jobs by 2050. The minister of state for new & renewable energy was speaking at a curtain raiser event for the third edition of Hybrid Conference & Digital Exhibition on ‘Aatmanirbhar Bharat – Making India a Global Manufacturing Hub for Renewable Energy’ organised by industry body CII.
“Energy transition is an important step to cater to the increasing demand and can help the economy by creating jobs, which is estimated to employ 3.2 million people by 2050,” Khuba said. The transition will help reduce the dependence on imported fuel, which will improve trade balance and cut the greenhouse gas (GHG) emissions, he noted.