* In June 2021, Prime Minister Mr. Narendra Modi stated that renewable energy capacity in India increased by 250% between 2014 and 2021.
* The Central Electricity Authority estimates India’s power requirement to grow to reach 817 GW by 2030. Most of the demand will come from real estate and transport sectors.
* Non-conventional energy sector received FDI inflow of US$ 12.57 billion between April 2000-June 2022.
* Rising foreign investment in the renewable sector (such as the US$ 75 billion investment from the UAE) is expected to promote further investments in the country.
* In the Union Budget 2022-23, the government allocated Rs. 19,500 crore (US$ 2.57 billion) for a PLI scheme to boost manufacturing of high-efficiency solar modules.
* India launched the Mission Innovation CleanTech Exchange, a global initiative that will help accelerate clean energy innovation.
* Globally, India ranks fourth in renewable energy capacity and wind power and fifth in solar power capacity.
* In October 2021, India retained its third rank on the EY Renewable Energy Country Attractive Index 2021.
Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nurember...
The Tenth Edition of the India Trend Fair, Tokyo, Japan is being organised ...
Introduction India stood at the 20th position among the top exporters of b...
Introduction During the year 1955, the Indian engineering sector was quite...
Introduction India has become the fifth largest economy, joining the &ldqu...