Powering up investments into India’s renewable sector

India Investment Journal May Edition, Cover Feature
India’s power minister, Piyush Goyal, was on a European investment scouting mission recently and opened up a series of avenues for FDI into the power sector in Vienna and London.

India’s Minister for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, was on a European tour in early May to lure Austria and the UK to look at investing more in India.

At the Vienna Energy Forum, the discussion revolved around the world’s largest energy transformation programme which is currently being pioneered by India. Goyal asserted that no country can offer the kind of scale and speed that India has in terms of financing and technical capabilities. Goyal also urged the global community to link low-cost technology, renewable energy and sustainable lifestyles.