NITI Aayog CEO submits ASSET blueprint to Andhra Pradesh Chief Secretary
GS3Economy · S&T · Environment · Security· Infrastructure (energy, ports, roads, railways)· Prelims + Mains·
Why in news
NITI Aayog CEO B.V.R. Subrahmanyam submitted the Accelerating Sustainable State Energy Transition (ASSET) blueprint to the Andhra Pradesh Chief Secretary to establish the state as a top renewable energy hub.
Background
The ASSET blueprint targets 35 GW of solar, 12 GW of wind, and 55-60 GWh of energy storage capacity by 2035. It estimates a required investment of nearly ₹3.40 lakh crore to reduce power purchase costs to ₹3.90 to 4% by 2035.
Facts for Prelims
- FactASSET blueprint targets: 35 GW solar, 12 GW wind, and 55-60 GWh energy storage capacity.
- FactProjected power purchase cost reduction: ₹3.90 to 4% by 2035.
- FactEstimated investment required: ₹3.40 lakh crore.
- PostB.V.R. Subrahmanyam is the CEO of NITI Aayog.
For Mains
Q. Discuss the role of state-specific energy transition blueprints in achieving India's long-term renewable energy targets and ensuring energy security.
Dimensions to cover in your answer
- Investment gap: Mobilizing ₹3.40 lakh crore for state-level infrastructure requires robust Public-Private Partnership (PPP) frameworks.
- Grid stability: Balancing intermittent solar/wind supply with 55-60 GWh storage capacity to ensure reliable power.
- Export potential: Transitioning from domestic consumption to becoming a regional renewable energy exporter.
Keywords: Renewable Energy · Energy Transition · Decarbonization · Infrastructure Investment · Energy Security
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