Page 38 - Apraava Energy Report_01-73

38 Energy in action

Apraava Energy’s

Future Strategy

India is making visible

shifts in its electricity

generation mix; from

predominantly coal-based

generation to renewable

resource-based

generation. This shift

emanates from India’s

strong commitment

towards addressing

climate change issues

along with achieving

sound economic objectives

of lower cost of generation

and energy security.

Long-term growth targets for renewable energy
capacity addition announced by the Government of
India help serious investors to carry out long-term
business planning, which is also evident from the entry
of several new foreign utilities and funds in the last
4-5 years.