This would lead to a drastic increase in GHG emissions. There is the need to make a choice for a low-carbon path, even if there is no mandated reduction in GHG emissions.
Finally, in July 2008, the Government of India has come out with a National Action Plan on Climate Change the NAPCC. This will all take time to translate into policy decisions and ground level action.
The overall thrust and direction to this is currently with the PMO's Office (the office of the Prime Minister himself).
National Action Plan on Climate Change, Government of India, Prime Minister's Council on Climate Change, July 2008