2030 target

Business

India on Track to Achieve 500 GW Renewable Energy Capacity by 2030

New Delhi: Union Minister for New and Renewable Energy, Pralhad Joshi, announced on Monday that leading banks and financial institutions have pledged nearly $386 billion (approximately ₹32.45 trillion) towards the development of renewable energy projects by 2030. This declaration was made during the inaugural session of the 4th RE-Invest Summit, organized by the Ministry of New and Renewable Energy (MNRE)…