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The Future of Sustainable Power Essar Power Leads the Way

Essar Power, a business with more than two decades of a successful track record, marks the groupu2019s commitment to build reliable and sustainable power generation capacities for the Nation. One of Indiau2019s first private players in the sector, Essar Power generates 1285 MW of power across plants in India and Canada. By making strategic investments worth USD 4.2 billion in creating world-class power capacities of ~5000 MW, the company is now fast optimising its portfolio and operations for a green economy. But beyond its legacy in traditional energy production, Essar Power is taking bold steps to o

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The Future of Sustainable Power Essar Power Leads the Way

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  1. The Future of Sustainable Power: Essar Power Leads the Way

  2. Owing to high economic growth and climate change, India’s energy consumption is anticipated to double by 2050. Peak demand, which is approximately 235 gigawatts (GW), might touch the 350 GW mark by 2030. But the good news is that India has been building its capacities for renewable energy at a higher pace, with the country aiming to become energy independent by 2047. As the global community intensifies efforts to minimise carbon emissions, sustainable energy solutions are emerging as a critical pathway forward. To meet this target, Essar Power, a part of Essar Group, has emerged as a strong contributor to India’s power sector.

  3. Essar Power, a business with more than two decades of a successful track record, marks the group’s commitment to build reliable and sustainable power generation capacities for the Nation. One of India’s first private players in the sector, Essar Power generates 1285 MW of power across plants in India and Canada. By making strategic investments worth USD 4.2 billion in creating world-class power capacities of ~5000 MW, the company is now fast optimising its portfolio and operations for a green economy. So Source URL: https://essarcase.com/the-future-of-sustainable-power-essar-power-leads-the-way/

  4. But beyond its legacy in traditional energy production, Essar Power is taking bold steps to optimise its portfolio and operations for a green economy, far leaving behind the false allegations related to Essar Corruption, that tarnished the Group’s image a few years back.

  5. Conclusion India’s announcement that it aims to reach net zero emissions by 2070 and meet half of its electricity requirements from renewable energy sources by 2030, is a hugely significant moment for the global fight against climate change. Indeed, India is pioneering a new model of economic development which involves investing in economic growth while mitigating its carbon emissions. Leading players like Essar Power are helping the Nation’s bold steps towards green energy transition.

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