Dharmendra Pradhan, Honourable Minister of State (IC) - Petroleum and Natural Gas said, "Energy security and accessibility is important for the overall well-being of the nation. It is important that we identify the energy requirements and accordingly come up with a vision plan, making it our focus for the coming years. A comprehensive energy policy is the need of the hour."

"Solar power and storage are exponential technologies, meaning they could grow very rapidly and take stakeholders by surprise. The rapid rise is good for India and may help the country leapfrog to clean energy sources to meet its needs.

"However, the sector needs preparation by all stakeholders - power generators need to become flexible, discoms should be efficient and retain customers, and the coal sector has to become cost-efficient and flexible to adjust to the evolving scenarios. Importantly, it needs very rigorous long-term planning that prepares for a transformed electricity grid of distributed sources, variable renewables and storage solutions," said Santosh Kamath, Partner and Head - Renewable Energy Services, KPMG in India.

"The power sector in India is going through a significant change and solar is expected to play a dominant role in it. This presents a great opportunity for India, especially in the current political-social environment where the country has embarked on a vision to have energy security, by providing affordable and sustainable power to all," he said.

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