The government’s ambitious target of setting up 500 gigawatts (GW) of renewable power by 2030 has set the ball rolling for the domestic energy sector. Of this, over 172 GW has been commissioned, leaving a big opportunity for the remainder of the decade. While this looks like an attractive proposition, finding the right investment involves weighing several factors.
Renewable energy installed capacity has increased 11% annually in the last eight years, while total fossil fuel capacity grew by 3.2%. So far, despite a promising future for the segment, investor experience has not been impressive.