India’s green energy goals boosted by return of international investors
India’s goal of doubling renewable power by next year is getting a boost from international investors who see the massive market’s potential outweighing significant risks.
French oil major Total SA’s $2.5 billion investment in Adani Green Energy NSE 1.24 % last week is a sign that global companies increasingly under pressure to invest in environmental assets are eyeing India’s 1.3 billion energy users, despite a mounting debt at generation companies and attempts by some provinces to renege on power purchase contracts.
