India needs Rs 4-trn investment for 113 GW RE projects in pipeline: Report

India will need an investment of Rs 4 lakh crore for implementation of 113 gigawatt (GW) of renewable energy projects in the pipeline, a report said on Thursday.

India’s energy transition is gaining momentum post-COVID with strong backing from policy enablers focused on improving ease of doing business, competitiveness, and self-reliant supply chains, the joint report of EY-FICCI said.

According to the report titled ‘Accelerating India’s Clean Energy Transition’, about 103 GW of utility-scale renewable power generation projects and 11 GW of distributed renewable power generation projects are in the pipeline in India.

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