India’s power sector to attract $1 trillion in investments by 2030 – Feedback

The power sector is likely to attract around $1 trillion in investments by 2030 across segments such as coal-based and renewable power, power minister Piyush Goyal said on Monday.

Alongside striving to achieve a renewable power generation target of 175 GW (1 GW is equal to 1,000 MW), the power ministry is also working on a vision to turn India into an end-to-end manufacturing hub for solar panels, Goyal said. Speaking at a conference on renewable energy, which was a part of the Make in India Week being held in Mumbai, Goyal said that India should have a solar panel-making capacity enough to cater to 10 GW of power over the next two to three years.

http://forbesindia.com/article/make-in-india-week/indias-power-sector-to-attract-$1-trillion-in-investments-by-2030-goyal/42333/1

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