India needs high economic growth to invest in energy transition: CEA
India requires high economic growth to invest in energy transition, Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said, observing that the country needs time to move away from coal to renewable energy.
Addressing an event here, India is well ahead of other G20 countries in meeting the Nationally Determined Contributions (NDCs) target.
“(India) needs high economic growth to invest in energy transition… We basically need the time to move away from coal towards other fossil fuels, and later on towards other renewable energy,” he said.
