The Indian renewable energy sector is the 4th most attractive renewable energy market in the world. As of October 2018, India ranked 5th in installed renewable energy capacity. According to 2018 Climatescope report India ranked 2nd among the emerging economies to lead to transition to clean energy.
With the increased support of 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 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 Oct 2018)
Share in total installed capacity
Rise in solar power capacity(2014-16)
5th largest installed capacity of renewable energy in the world
4th largest installed capacity of wind and 5th largest of solar power in the world
World’s largest solar plant (648 MW), commissioned within a record 8 months, and world’s largest solar park (2 GW) are now in India
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