IAS Gyan

Daily News Analysis

$20-billion potential in renewable sector: Narendra Modi

27th November, 2020 Energy

Context: Prime Minister Narendra Modi inaugurated 3rd Global Renewable Energy Investment Meeting and Expo (RE-INVEST 2020).  

  • India’s renewable energy deployment plans for the coming decade are likely to generate business opportunities worth $20 billion a year.
  • India’s renewable energy capacity was now the in the world.
  • In the last six years, India’s installed renewable energy capacity by two and a half times.