Synchronizing Energy Transitions Towards Possible Net-Zero for India

Prepared by the Indian Institute of Management Ahmedabad, this report attempts to answer key questions related to India’s energy trajectory such as how much energy does India need to achieve the high value of Human Development Index (HDI); what are pathways to achieve this; what are the energy mix projections for this until 2070 (our declared net-zero target year); what would be the cost of electricity to the end user; what would be the carbon emissions until 2070; what would be the investments required for energy transitions towards net-zero at 2070; estimation of other challenges and opportunities (RE integration, the requirement of critical minerals, Carbon Capture Utilisation and Storage (CCUS), natural gas, ethanol, hydrogen) in energy transitions towards achieving net-zero in 2070. Supported by: Office of the Principal Scientific Adviser to the Government of India and Nuclear Power Corporation of India Ltd.