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Tuesday, December 24, 2024 | 12:43 AM ISTEN Hindi

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When vision meets reality

India has already crossed an installed capacity of 70 Gw of renewables - surpassing the previous administration's 2022 targets four years ahead of time

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Sumant Sinha
Electricity infrastructure is critical to India’s growth and Prime Minister Narendra Modi understands this. To many, his 175 Gw renewables capacity target seemed like hype — as it meant increasing India’s renewables capacity five-fold in seven years. However, it is only when there is clear thinking and ambition at the top that the business and policy ecosystems shuffle and reorganise themselves to achieve the objectives.

We have seen that happen in this case where all important stakeholders — from the bureaucracy to the banks, from equipment suppliers to the construction companies, and from IPPs to global investors — have been focused
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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