Informa

 


22 March 2022

Strong demand prospects for RE projects in C&I segment

Demand prospects for renewable energy (RE) capacity addition in the commercial & industrial (C&I) segment remain solid, given the improved tariff competitiveness and growing sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going forward, finds ICRA. If that sounds obvious, then the agency also flags risks, that really shouldn’t be there at this stage for the sector.
The C&I segment accounts for about 40-45% share in all India energy demand. Even assuming 20% of the energy requirements to be met by C&I segment through RE, RE capacity addition requirement is estimated to remain significant at about 75 GW. Further, the policy focus by the Government of India (GoI) in the renewable segment remains strong, with a net zero energy transition target by 2070. Read More...


Testimonials