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India Crosses Renewables Capacity ‘milestone’ – CNBC


The Modi government is racing to ramp up its sources of renewable energy over the next five years.
A man walks on solar panels mounted on the roof of a building in Delhi, India. The Modi government is racing to ramp up its sources of renewable energy over the next five years. File photo: AFP.

 

The Indian government has announced that the country’s installed renewable energy capacity has “crossed the milestone” of 100 gigawatts. RK Singh, India’s minister of power, described the news as “another landmark day” in the history of the country’s power sector, CNBC reports.

The figure, which excludes large hydro, represents the latest development in India’s attempt to hit 450 GW of renewable capacity by the year 2030 – and it wants to reach 175 GW of renewable capacity by 2022. Full story: CNBC

 

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.