New Delhi, September 17, 2024.
Union New & Renewable Energy Minister Pralhad Joshi on Monday urged investors to invest in India saying that Rs 32.45 lakh crore finance in green projects has been committed by banks and financial institutions.
Addressing the inaugural session of the 4th RE-INVEST 2024, Joshi said, “we have received overwhelming commitments from the states and UTs as well as from developers, manufacturers and financial institutions to support our goal of 500 GW by 2030.” He informed that developers have committed an additional 570 GW of capacity addition.
The manufacturers have committed additional manufacturing capacities of 340 GW in solar modules, 240 GW in solar cells, 22 GW in wind turbines and 10 GW in electrolysers, he said.