Indo-US energy dialogue: Metro Valley project throws up interesting urbanisation concepts
Given that India will be adding 250-300 million more people to its urban areas over the next two decades, and that it plans to raise the share of manufacturing from the current 15% of GDP to 25% in a decade, it is obvious the country is hurtling towards an energy disaster. Indeed, a McKinsey study projects that, in a business-as-usual scenario, India’s energy dependence will rise to 50% by 2030 as compared to 30% today.
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