February 4

India to Boost Renewables by Over $800 Million in 2020

In India, the Ministry of New and Renewable Energy has been given an annual increase of 10.62% or INR 57.53 billion (approximately $806.65 million) in the country’s 2020 national budget.

The energy sector as a whole has been allocated a budget of INR 220 billion (roughly $3 billion).

Up to INR 21.5 billion (about $301.46 million) has been allocated to develop grid-integrated solar energy projects.

Off-grid solar projects will be developed using an allocated budget of INR3.66 billion (roughly $51.34 million).

Source: Smart Energy International (link opens in a new window)

energy access, renewable energy, solar