India draws $400 bn in preliminary renewable investment pledges
New Delhi, Nov. 4 -- Global and domestic investors and renewable energy companies have committed investments worth $400 billion in India's renewable energy space, minister for new and renewable energy Pralhad Joshi said on Wednesday.
The investment plans committed at the chief executive officer's (CEO) roundtable in Bharat Renewable Energy Summit were "preliminary" and the government would hold discussions with individual investors and examine their proposals, Speaking to Joshim told reporters.
The investment commitment is nearly double the projected requirement of $220 billion by the end of this decade.
"In CEO roundtable, they have given a commitment of $400 billion," Joshi said, adding that the government would work out the details ...
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