India will require investments of around USD 200 billion to establishments of around USD L200 billion to establish renewable energy (RE) generating assets by 2030, highlighted a report by Nomura.
The report highlighted that this figure is a conservative estimate based on India's goals for renewable energy generation. It also projects that India's energy demand will grow at a compound annual growth rate (CAGR) of 7 per cent between FY24 and FY30, which is higher than the country's historical growth rate of about 5 per cent.
"Based on our conservative estimate, RE generation should drive incremental investments of approx. USD200bn to meet India's targets" said the report.
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DELHI-NCR ENFORCES GRAP STAGE-3
It is a \"Serious issue\" that is affecting the school-going students as there has been an increase in the cases of cold and cough. - Dr Sahab Ram, Pediatrician
Delhi pollution plea in SC on Monday
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K'TAKA TO SET UP SIT TO PROBE COVID SCAM
Dalla is accused of multiple charges including murder, extortion, terror financing, targeted killings, and cross-border smuggling of drugs and weapons.