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India needs to invest in energy mix and power networks: Michael Waldron

Interview with energy investment analyst of International Energy Agency

Michael Waldron, IEA
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Michael Waldron. (Photo: Twitter)

Shreya Jai New Delhi
International Energy Agency (IEA) in its latest report on ‘World Energy Investment’ indicated a decline in investment in oil & gas sector for the second consecutive year and increase in energy efficiency and energy networks.The report cited India to be the fastest-growing major energy investment market, at the backdrop of strong policy push to modernise and expand the power sector.

Michael Waldron, energy investment analyst (Economics and Investment Office) IEA tells in an interview to Shreya Jai that India needs to invest in energy networks and demand side management. Not writing off coal, he says it would remain an investment