高盛：2023年印度电力行业可再生能源转型研究报告-平衡增长与脱碳（英文版）

India's electricity sector is undergoing a generational shift in our view, as the country attempts to grow anddecarbonise, simultaneously. Years of peak demand growth (rising electrification and appliances penetration) alongsideless reliable capacity additions (renewables accounted for c.75% of new power capacity additions in the last 7 years)have absorbed the system's supply surplus. We foresee the beginning of a peak power deficit cycle, elevating thecriticality of storage-backed ro