Companies pledge Rs 32.5 lakh crore investments by FY30
Adani Green and Torrent Power Monday committed a total investment of Rs 32.45 lakh crore by FY30 in renewable energy, in a big boost for the country's green energy transition.
«Developers have committed an additional 570 GW, manufacturers have committed additional manufacturing capacities of 340 GW in solar modules, 240 GW in solar cells, 22 GW in wind turbines, 10 GW in electrolysers,» Renewable energy minister Pralhad Joshi said at the Global RE-Invest Summit hosted by MNRE and CII here.
Adani Green and Adani New Industries together submitted to add 50 GW renewable energy capacity, solar manufacturing of 10 GW, wind manufacturing of 5 GW, green hydrogen of 10 GW and electrolyser of 5 GW, as per an official, committing an investment of Rs 4.1 lakh crore.
Torrent Power plans to achieve 10 GW of installed renewable energy capacity by 2030, with an investment of Rs 57,000 crore, the company said.
For the rest of the companies, individual commitments for investment were not provided.
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