"India stands among the top five countries of the world in terms of renewable energy installed capacity and at present renewable power," New and Renewable Energy Minister Farooq Abdullah said here.
Addressing the first ASEAN-India renewable energy meeting, he said, "Investment in renewable energy in India has now exceeded USD 10 billion per year."
Abdullah said the meeting provided a unique opportunity to catalyse the India-ASEAN Renewable Energy family and underlined the importance of new energy sources in India's energy security for achieving its goal of providing reliable energy supply and access through a diverse and sustainable energy mix.
Globally, renewable energy has started making a positive impact on energy supply and the Global Renewable Energy Status Report 2012 reveals that renewable energy has grown to meet 16.7 per cent of the global energy consumption.