India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste.
The Indian renewable energy sector is the second most attractive renewable energy market in the world. The country ranks fourth in the world in terms of total installed wind power capacity. the focus of Government of India has shifted to clean energy after it ratified the Paris Agreement. With the increased support of government and improved economics, the sector has become attractive from investors perspective and India ranked second in Renewable Energy Attractive Index 2017.Renewable energy has the potential to create many employment opportunities at all levels, especially in rural areas.
Kosovo has one more sector to create employment and sustainable growth towards the economy , if they focus on Energy business opportunities and welcoming ventures in power plants and other source of energy. In current scenario kosovo needs affordable and reliable energy. The country’s current electricity system is outdated, inadequate and undependable – posing significant challenges to economic growth and development. Frequent power outages hinder investment and disrupt manufacturing, education, and health services. Many citizens still burn firewood and coal for heating and cooking, which generates air pollution that in turn causes respiratory and other health problems. Without a reliable, affordable, and sustainable electricity supply, foreign and domestic firms are reluctant to invest in Kosovo and create jobs. In association with Indo-Kosovo Chamber of commerce this sector can flourish for sustainable growth.
India ranks third among 40 countries in EY’s Renewable Energy Country Attractiveness Index, on back of strong focus by the government on promoting renewable energy and implementation of projects in a time bound manner.
India has moved up 73 spots to rank 26th in the World Bank’s list of electricity accessibility in 2017, according to Mr Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, Renewable Energy and Mines, Government of India.