Green energy may power industries in-house demand: Eversource CEO Dhanpal Jhaveri
Jul 2024 Corporate
India’s captive industrial power consumption could be replaced with renewable energy, unlocking potential for further investments in the sector, said Dhanpal Jhaveri, chief executive at Eversource, a green energy investment platform. “The industrial captive power consumption is around 90 gigawatts and it’s all fossil fuels. That explains the potential,” Jhaveri told ET.
Eversource is a partnership between Singapore-based private equity firm Everstone and Lightsource BP, a related undertaking of British energy giant BP.