R Gandhinagar, 16 September Leading renewable energy (RE) project developers, manufacturing companies, banks, and financial institutions committed close to $386 billion or around ₹32.45 trillion to the development of RE projects by 2030.
This commitment was made at the inaugural ceremony of the 4th RE-Invest Summit hosted by the Ministry of New and Renewable Energy (MNRE) and Confederation of Indian Industry (CII).
Public sector and private project developers have committed to building close to 570 gigawatt (Gw) of RE capacity.
Union minister of MNRE Pralhad Joshi said while India aims to build 500 Gw of renewable energy by 2030, the ministry has received commitments worth 570 Gw from the solar power industry.
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