India shifting to greener economy

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India will be spending US$ 2.3 trillion to boost its energy sector by 2030, by expanding the country’s energy basket to include green energy sources such as solar, wind and nuclear power. It intends to improve energy efficiency by using clean technology. Being third amongst the world’s highest carbon emitters, it is essential for India to shift to a greener economy. It also aims to add about 100 gigawatts (Gw) of power generation capacity by early 2017, much of it from coal, despite conceding that it would miss by 79 per cent an earlier five year target of adding 78.7 Gw by March 2012.

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