The 3rd largest energy-consuming country in the world is India and it stands 4th in installed renewable energy capacity. India stands 4th in Wind and Solar Power capacity.
With the increased support of the government and improved economics, the sector has become attractive from investors' perspective. As India looks to meet its energy demand on its own, which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role. Foreign Direct Investment will play a crucial role in bringing in resources such as capital and advanced technology with easy norms and FDI Opportunities in Indian Renewable Energy. The free flow of capital will highly favour this sector and will lead to the exploration of its growth potential.
Up to 100% FDI in the renewable energy sector in India and distribution projects subject to the provisions of The Electricity Act, 2003 is allowed under the automatic route.
Renewable energy potential in India
Installed renewable energy capacity (as of May 2022)
Share in total installed capacity
4th largest renewable power capacity additions
4th largest installed capacity of wind and solar power in the world
Achieved the target of 40 per cent installed electric capacity from non-fossil fuels
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