NITI Aayog, in collaboration with the Ministry of Power and the Ministry of New and Renewable Energy, launched the ASSET platform—Accelerating Sustainable Solutions for Energy Transition. ASSET platform is a timely initiative to support states in accelerating their green transition. The platform will assist in formulating state energy transition blueprints along with aiding in its implementation, preparing a pipeline of bankable projects, showcasing best practices across states as well as upcoming technology and innovations in critical sectors like BESS, Green Hydrogen, Energy efficiency, e-mobility, offshore wind, etc. The role of states is crucial in achieving India’s national aspirations of becoming Viksit Bharat by 2047 and achieving Net-zero GHG emissions by 2070. This requires sustained economic growth over the next two decades. States must develop and implement energy transition plans aligning with national goals. This involves three key steps:
- Preparing comprehensive energy transition blueprints
- Developing investible projects and ensuring their effective implementation
- Fostering innovation in emerging technologies
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