Sumant Sinha: Need for renewable energy in India and challenges that ail the power sector

74% of carbon comes from the energy sector and a third of it comes from the electricity providers in India. Indian renewable sector has faced challenges in terms of valuations, competitive bid prices but things are changing in 2020. With India planning to sell its discoms in Union territories to private companies, renewable companies are now looking to acquire these assets for expanding their portfolio. This conversation dwells on the reason to adapt to renewable space, future opportunities and challenges in the sector.