Image Source: Invest India
India’s Clean Energy Ministry confirmed it has not advised halting new clean energy financing, reassuring investors and stakeholders. The government remains committed to renewable expansion, targeting 500 GW non-fossil capacity by 2030. The clarification underscores India’s determination to balance coal baseload with clean energy growth, sustaining momentum in its climate transition
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India’s Clean Energy Ministry has clarified that it has not issued any advisory to pause or halt new clean energy financing, dispelling speculation about a slowdown in the country’s renewable energy push. The announcement underscores the government’s continued commitment to expanding solar, wind, and other sustainable energy projects as part of its long-term climate goals.
Key Highlights
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No advisory issued: Officials confirmed that there is no directive to stop or delay financing for new clean energy projects.
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Policy continuity: The ministry reiterated its focus on scaling up renewable energy capacity, aligning with India’s target of 500 GW of non-fossil fuel capacity by 2030.
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Investor confidence: The clarification aims to reassure domestic and international investors, ensuring that financing pipelines for clean energy remain intact.
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Energy transition: India continues to balance its reliance on coal as baseload power while aggressively expanding renewables to meet climate commitments.
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Global positioning: The statement reinforces India’s role as a key player in the global clean energy transition, particularly ahead of major climate discussions.
This move signals stability in India’s energy policy, ensuring that clean energy financing remains a priority despite challenges in the broader power sector.
Sources: Reuters
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