Decarbonisation and new energies
By Anvesha Thakker, Partner and Lead – Renewable Energy, KPMG in India and Global Co-Lead (KPMG IMPACT) – Climate Change and Decarbonisation
(7 min read)
Being a key contributor to global greenhouse gas emissions, the energy sector is expected to face challenges with massive transformation required by both producers and consumers of energy. Now is the time for countries and corporates to plan their decarbonisation pathways by deploying multiple clean energy solutions with strong digital enablement to achieve and demonstrate results.
Oil and gas bouncing back – need for further acceleration to grow green shoots
By Manas Majumdar, Partner, Leader – Oil and Gas and Chemicals, KPMG in India
(5 min read)
The oil and gas sector is on the path to revival to pre-COVID-19 demand levels. This positive momentum needs to be maintained and sustained by focussing on domestic self-sufficiency, digitalisation across the value chain and a move towards decarbonisation. This would require a comprehensive and forward-looking plan for the sector across its value chain and even beyond.
Energy and natural resources make a strong comeback, but caution is merited
By Anish De, Partner, Global Sector Head – Power and Utilities and National Head – Energy Natural Resources and Chemicals, KPMG in India
(5 min read)
Climate change is not just about clean energy but a clean ecosystem in its entirety. As extreme weather events have started occurring with increased frequency, climate concerns have arrived much more strongly at the doors of the energy sector. In turning the tide on climate, more resources of the earth, including those under the sea need to be accessed.
India’s strategic imperatives in 2021 and impact on metals and mining sector
By Niladri Bhattacharjee, Partner – Metals and Mining, KPMG in India
(6 min read)
Challenging geo-strategic environment requires India to push through some more reforms, including in the metals and mining sector. Aggressive targets are needed to deal with COVID-19-related downturn, climate change and structural deficiencies of the sector. It is also imperative to give impetus to the sustainability agenda and now the call to action in this field has transmitted effectively from the government to the corporates.
Upward march towards e-mobility transition
By Vikas Gaba, Partner and Lead – Power and Utilities, KPMG in India
(5 min read)
EV adoption is gaining traction across the country and is increasingly becoming the preferred choice for consumers. Policy impetus coupled with the PLI scheme for batteries and auto components (exclusively covering EVs) is likely to further boost growth, reduce costs and accelerate this transition.