India must reduce oil & gas dependence, shift to renewables: Power Secy Pankaj Agarwal

Pankaj Agarwal emphasized the need for India to shift from oil and gas towards renewable energy. He noted recent events have highlighted the importance of energy security in the country. Significant changes in the power sector’s economics, particularly in battery storage costs, were also discussed. The government is addressing grid stability challenges posed by geographical concentrations of renewable energy.
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