Consider the following statements regarding India's power sector developments:

  1. India’s installed power capacity has reached 456.7 GW as of November 2024, reflecting a 7.2% year-on-year growth.
  2. The share of renewable energy in India’s total installed capacity has increased to 27%.
  3. India has committed to achieving net zero carbon emissions by 2040 under its renewable energy initiatives.
How many of the above statements are correct?

  1. Only one
  2. Only two
  3. All three
  4. None

Answer (Detailed Solution Below)

Option 1 : Only one

Detailed Solution

Download Solution PDF

The correct answer is Only one

Key Points

  • India’s installed power capacity reached 456.7 GW by November 2024, showing 7.2% YoY growth. Hence Statement 1 correct.
  • The share of renewable energy in India’s installed capacity now stands at 47%. Hence Statement 2 incorrect.
  • India’s net zero target is set for 2070, not 2040. Hence Statement 3 incorrect.

More Business and Economy Questions

Get Free Access Now
Hot Links: teen patti joy 51 bonus teen patti boss teen patti rummy