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Indian Cleantech Business Opportunities from Copenhagen

By • Dec 6th, 2009 • Category: Uncategorized

Indian businesses are hoping that Copenhagen will open a slew of new opportunities for green businesses. These hopes got a boost this week with the announcement by environment minister Jairam Ramesh that India will voluntarily cut its carbon emission intensity by 20-25 per cent from its 2005 levels.

This is a significant shift in policy because till now, India had set targets for lowering energy intensity (measured as units of energy per unit of GDP). Now the emphasis will be on reducing carbon emissions per unit of GDP. This will bring into play new areas that go beyond improving energy efficiency. For example, the conservation of forests which help absorb carbon dioxide will become important.

Another thrust area will be increasing the share of renewable energy in the overall energy mix.

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Narsi Santhanam

About the Author

Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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