Demand for electricity in India is growing due to the increase in GDP and quality of life along with structural changes in the energy sector leading to the increase in the percentage share of electricity in the total final consumption of energy. Decarbonisation of the energy sector is a necessity, and it should be achieved without negatively affecting economic growth of the country. It can be best managed by having a diverse portfolio of technologies as diversity provides supply security, resilience, and hedging against price fluctuations. Therefore, all low-carbon technologies—hydro, nuclear, solar, and wind—should be exploited and provided with a level playing field.