Mumbai, Feb. 10 -- India's ambitious target to reach net-zero greenhouse gas emissions by 2070 can be achieved without impacting its economic growth or its goal of becoming a developed nation by 2047, but will require an unprecedented restructuring of the country's energy system, industrial base and financing architecture, according to a comprehensive new scenarios study released by NITI Aayog. The study, Scenarios Towards Viksit Bharat and Net Zero, presents one of the most detailed modelling exercises undertaken so far on India's low-carbon transition.

This entails work of ten inter-ministerial working groups covering power, transport, industry, buildings, agriculture, finance, critical minerals and social impacts. The study maps how I...