Prime Minister Narendra Modi will inaugurate the 3rd Global Renewable Energy Investment Meeting and Expo (RE-INVEST 2020) on November 26 to woo investors for investing in clean energy in India. India has set an ambitious target of having 175GW of renewable energy by 2022 and 450GW by 2030.
During the last six years, over Rs 4.7 lakh crore were invested, making the country a preferred destination for investment in clean energy.
“Prime Minister Narendra Modi will inaugurate the virtual 3rd Global Renewable Energy Investment Meeting and Expo (RE-INVEST 2020), on 26 November 2020,” a Ministry of New & Renewable Energy statement said.
Power and New & Renewable Energy Minister R K Singh said the 3rd RE-INVEST will build upon the success of the first two editions held in 2015 and 2018 and provide an international forum for investment promotion in renewable energy.
It will also send signals to the global renewable community about India’s commitment to the development and scaling up of renewable energy to meet its energy requirements in a sustainable manner.
The RE-INVEST 2020 will include a two-day virtual conference on renewables and future energy choices and an exhibition of manufacturers, developers, investors and innovators engaged in the clean energy sector.
The event will provide a great opportunity to various countries, states, business houses & organizations to showcase their strategies, achievements and expectations.