NEW DELHI: In an attempt to further boost India’s emerging green economy, the ministry of new and renewable energy (MNRE) would try to impress upon the Reserve Bank of India for removal of the priority sector lending limit for the renewable energy sector, the government said in a statement on Monday. India is running the world’s largest renewable energy programme and plans to achieve 175 gigawatts (GW) of renewable energy capacity by 2022 as part of its climate commitments. Of the targeted 175GW of clean energy capacity by 2022, 100GW is to come from solar projects. Wind power projects are to contribute 60 GW. Some of the marquee schemes to help India emerge as a clean energy champion include the national solar mission, solar parks, rooftop solar projects, biomass, biogas and small hydro programme.

Source: Mint June 10, 2019 16:18 UTC