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Power Minister updates US businesses on renewable energy programme

Fiinews by Fiinews
August 14, 2021
in Investment, Manufacturing, Projects
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Singh reiterates commitment to further US-India goals on climate change

Power and New & Renewable Energy Minister R K Singh has apprised more than 50 US-India business leaders that India is on track to achieve the set renewable energy target of 450 GW by 2030 and said that electricity distribution reforms and the promotion of open access to the electricity grid will enhance the consumption of renewable energy.

He highlighted India’s achievements in the field of Renewable Energy, Energy Access, Energy Efficiency, reduction in emission intensityand shared the Government’s plans to promote manufacturing and exports from India, including PLI scheme for manufacturing of solar cells, modules and batteries, and promotion of Green Hydrogen.

Singh welcomed ideas and suggestions for promoting the sector to meet India’s ambitious target of 450 GW during the virtual meeting held under US India Business Council on 14 Aug 2021.

The Minister reiterated his commitment to further US and India’s shared goals on climate change, clean energy and sustainability and the India-US Clean Energy Agenda 2030 Partnership.

The meeting provided an opportunity to the business community to interact with Union Minister on various aspects the renewable energy and power sector in India and the associated opportunities available to the global investors.

The business leaders congratulated Singh on the recent achievement of 100 GW of installed renewable energy capacity. #investment #exports #manufacturing #technology /fiinews.com

Tags: Ministry of PowerUSIBC
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