Sector reform essential to build growth momentum


15 October 2019 |

A mini-controversy broke out last week with Indian credit rating and advisory company CRISIL issuing a report claiming that India would under-achieve the 175 GW renewable capacity target for March 2022 by 42%. MNRE immediately issued a prickly rebuttal terming the report as factually incorrect and lacking credibility. It has expressed confidence that capacity target of 175 GW would “…not only be met but exceeded.” But it later betrayed its own statement by extending timeline for meeting the target from March 2022 to December 2022


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