India To Mobilise Domestic, Global Capital For 500 GW Clean Energy Goal: MNRE Secretary
New Delhi, Oct. 27 -- India is looking to mobilise around USD 220 billion in renewable energy financing between 2027 and 2030 by combining domestic funding, international capital and blended financing models to achieve its clean energy ambitions, Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE), said.
Sarangi said India was confident of meeting its target of 500 gigawatts (GW) of renewable energy capacity through a combination of domestic and international capital.
"Given the trajectory that the renewable energy journey has seen until now, one is fairly confident that a blend of domestic and international capital should be able to meet India's aspiration in achieving the 500 gigawatt target in future," he sa...
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