Investors are pouring in money into the country’s renewable energy (RE) sector. Leading the charge are some of India’s largest conglomerates — Adani, Reliance Industries, Tata Power, JSW and Torrent —and an array of other players — ReNew, Avaada, WAA, Azure, Suzlon, Sterling and Wilson, KP Energy, Inox Wind, Ampules Solar. This is despite the high initial costs of the ventures and lingering techno-economic questions such as the incompatibility between the country's electricity grid infrastructure and the intermittent RE supplies. Crisil Ratings estimates that 50 GW of RE capacity could be added in the next two years with investments pegged at over Rs 3 trillion. The private sector is to lead this investment binge.
This is an insightful article in the RE space especially with the country forging ahead RE 2030 goals
Staff Reporter @ Mercom India | Renewable Energy Coverage | Ex-Reuters
4moInteresting read!