Investor Presentaiton slide image

Investor Presentaiton

To reduce emission intensity of its GDP by 45 percent by 2030 from 2005 level Indian Energy Scenario Import Dependency in FY 23* Crude Oil Natural Gas 44.2% Net Zero by 2070 87.3% • Energy demand in India is growing rapidly with major implications for the global energy market • India has seen its energy demand increasing rapidly • • . the country continues to urbanize • development of manufacturing sector India has made remarkable progress in providing access to electricity and clean cooking fuel Implemented a range of energy market reforms and integrating a high share of renewable energy sources into the grid India's continued reliance on imported fuels creates vulnerabilities • price cycles and volatility, • possible disruptions to supply } Long term contracts provide a stable solution Source: IEA - India Report, IEA Press Release 9.2.21, * PPAC | Snapshot of India's Oil & Gas data - Mar, 2023
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