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00:00Yeah. Look, I think renewables is absolutely critical in India right now because and I'll give you some numbers. If you look at where India is today, we already are the third largest energy market in the world and our per capita energy consumption is among the lowest in the world. India is now growing at 7 to 8% every year, which means that there is going to be a massive increase in energy demand in India over the next several decades. In fact, we're going to be the largest contributor to global energy demand compared to any other country. But as the US or even China now, the question is if we grow like every other country so far has grown, which is using a fossil fuel intensive mechanism of growth, the amount of carbon emissions that will put into the atmosphere are going to be enormous, which is going to be horrible for everybody in the world, including for Indians. And therefore, we have to follow a different path. And that path has not been done by has not been followed by anybody. So we have to evolve our own unique path to grow in a carbon light way. And that fundamentally, therefore, will require a huge amount of more renewable energy capacity. And, you know, when you do the numbers and you look at energy growth and you look at how much renewables has to contribute, you you know, you realize that India has to add almost 4 to 5 times the amount of renewable capacity in the next 20 odd years, as much as the US has from all the power generating sources today. So the US, for example, has about 2000 gigawatt of power generating capacity. We introduce bills have to add about 4 to 5 gigawatts in the next 2025. Five 45,000 gigawatts in the next 20 to 25 years. So, I mean, the investment required is going to be enormous. The effort to get this done is going to be massive. But eventually, that's the only path that exists for both India and for the world.

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India at Risk From 'Enormous' Emissions, Warns ReNew CEO

Sumant Sinha, the founder and CEO of ReNew, says clean energy is critical to India with the nation set to become the "largest contributor to global energy demand." The carbon emissions "are going to be enormous, which is going to be horrible for everybody in the world, including for Indians," Sinha said during an interview on Leaders With Lacqua Goes Green on Bloomberg Television. (Source: Bloomberg)

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