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India is poised to achieve a sustained economic growth rate of 8-9% through 2031-32 and energy access to all which would require primary energy supply to increase 4 - 5 times. India’s Electricity Generation Capacity is expected to increase 6 times from present value to cater to the demand. But building power generation plants is a slow, expensive, and often an environmentally insensitive method for addressing increases in demand. This leads to increase in cost of energy and degradation of environment. Moreover, demand for energy will keep on increasing because of accelerated industrialization, urbanization and an emerging consumer society. Consequently, Energy Efficiency is essential to serve the twin purpose of sustainable development (in the context of climate change concerns) and energy security.
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