The study showed how the auto industry's ability to reduce emissions depends on finding better ways to decarbonise electricity grids and store renewable energy.
The roadmap sets an aggressive timeline to ensure that 500 million more people gain access to electricity in a mere four years' time by 2025.
Linking the grids would allow parts of the world with excess renewable power to send it to areas with deficits.
The focus of the government is to increase the share of renewable energy which is available in plenty within the country to meet its requirement.
There will be provision to incentivise efforts on using clean energy sources by means of carbon saving certificate.
After falling by about one per cent in 2020 due to the impacts of the Covid-19 pandemic, global electricity demand is set to grow by close to five per cent in 2021.
There is a slower growth for the zero-emissions solar energy industry at a time world governments are trying to ramp up their efforts to fight climate change.
The Budget has earmarked Rs 15 crore for introducing 10,000 electric two-wheelers and 5,000 e-three-wheelers to the roads.
GE Power is a subsidiary of General Electric. BLP Industry.AI is a subsidiary of renewable energy generation and technology company Bharat Light & Power.
Malayala Manorama shared the industrial award with Kozhikode-based Neelambari Export, with each firm earning a cash prize of Rs 50,000.