Panel formed to prepare energy transition roadmap for India

Why in news?

• The government is planning to draw up an energy transition roadmap for the oil NSE -0.05 % and gas sector that could prove to be a key step on India’s path to net-zero emissions by 2070.

About the panel on energy transition

• The government of India has set up the Energy Transition Advisory Committee headed by former petroleum secretary Tarun Kapoor, to draft the strategy.
• The panel will include representatives of all public-sector oil and gas companies and will reach out to other stakeholders in the sector. The committee has until the middle of 2022 to recommend a roadmap for the sector’s transition.
• As part of its efforts, the committee will review and take into consideration existing initiatives while developing an action plan.
• Before his appointment as petroleum secretary, Kapoor spent several years framing policies for the power and the renewable energy sectors and has been instrumental in pushing state-run oil companies to work toward a transition plan.