Minister of State for Power, New and Renewable Energy RK Singh said that India has done tremendously well in the renewable energy sector and every major company in the world is interested in investing in India.
Talking exclusively to the AIR about the 3rd Global Renewable Energy Investment Meeting and Expo (RE-INVEST 2020), Mr. Singh said, 64 billion dollar worth of investment have been made in the renewable energy sector in the past 5 to 6 years. He said, this is one of the sectors which attracted such a large chunk of foreign direct investment in India.
Prime Minister Narendra Modi will virtually inaugurate the RE-INVEST 2020 on 26th of this month. During the two day virtual conference all the leading companies will display their latest technological development in the field of renewable energy and discuss the various options available for energy transition. Several world leaders, Energy Ministers of 70 countries and 200 eminent speakers will take part in the event.