In an exclusive interview with Republic TV, Sumant Sinha, Chairman and Managing Director of ReNew Power, India's largest renewable energy company, speaks of clean energy. Sumant Sinha states that progress has been made over the last couple of years when it comes to renewable sources of energy. On being questioned whether India is doing enough when it comes to grappling with the energy sector, which is touted to be the next big thing, Sinha stated that India is a developing country, hence, it has a lot of space to grow. Furthermore, he added that India's 'choices' on clean energy are going to be of utmost importance in the future.
‘India’s choices on the energy side are going to be very fundamental, obviously in terms of the geopolitical side but equally on the carbon side. So I think we have to be very careful about the choices that we make,’ said Sinha.
Speaking on solar energy and the awareness around it, Sinha responded asserting that India is one of the largest sectors at the moment in terms of power generation. He stated that the government is pushing solar energy like never before. This has given rise to awareness around the concept of renewable sources of energy. The MD of ReNew Power, in conclusion, added that the general environment currently when it comes to solar energy is actually ‘healthy’.
‘We have got about 30,000 megawatts of solar energy set in India. About close to 40,000 megawatts of wind as well. We are adding about 10,000 to 15,000 megawatt every year,’ he added.
Sumant Sinha also spoke about the efforts by the government to push renewable sources of energy. He stated that the growth in this sector is only going to continue. Sinha asserted that, "The government’s target has been set at 175 gigawatts by 2022. The reality is that the government has now reset the target to 450 gigawatts." He further added that even though the time period has not been specified, the goals should be accomplished by 2030.
‘India is really taking the leadership in this area and I think it is quite fabulous to see that. It is a new area and it is certainly an area where India can demonstrate leadership and apart from the actual physical targets as you know the Prime Minister has also set up the International Solar Alliance, so I think it is taking the lead, globally.’ sic Sumant Sinha said in a statement.