The future is here-IV: When will Indian firms start eyeing the $ 900 trillion pie?
India's big energy firms must begin concentrating on clean energy now. Just as Big Oil is doing. 8The latest estimate is that making the transition to a low-carbon energy system will require around USD 900 trillion by 2060. 8The total investment in bioenergy is estimated at USD 6.1 trillion, with some USD 1.6 trillion in bioelectricity systems and USD 4.5 trillion in transport biofuels production. 8A breakdown of investment by period is given here 8How much of this massive pipeline are Indian companies willing to tap? 8Can they build a future road map keeping the $ 900 trillion in mind? 8Or will they continue to be stuck with finetuning their existing business models? Click on Reports for more