Union Minister of Power and New & Renewable Energy Shri R K Singh , addressed the ‘Green Finance Summit’ organised by REC Lindiaon the sidelines of the CEM14/MI-8 meeting in Goa yesterday .Minister said we never faced the issue of financing even though India has gone through a phase of rapid expansion in renewables.
“Today our renewable capacity is approx 170 GW. Our tendering and bidding system is transparent. We will continue getting funding for our green projects because of the transparency in our process. We will remain the biggest market in renewables outside China.”