{"id":299187,"date":"2019-11-02T11:54:26","date_gmt":"2019-11-02T06:24:26","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299187"},"modified":"2019-11-02T11:54:26","modified_gmt":"2019-11-02T06:24:26","slug":"goldman-backed-renew-says-andhra-pradesh-problems-could-hurt-indias-renewables-target","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/goldman-backed-renew-says-andhra-pradesh-problems-could-hurt-indias-renewables-target\/","title":{"rendered":"Goldman-backed ReNew says Andhra Pradesh problems could hurt India&#8217;s renewables target"},"content":{"rendered":"<p>Investors could be put off India by Andhra Pradesh state&#8217;s difficult relationship with renewable energy companies, Sumant Sinha, chair of Goldman Sachs-backed ReNew Power, said on Thursday.<\/p>\n<p>India, the world&#8217;s third-largest emitter of greenhouse gases, wants to raise its renewable energy capacity to 500 gigawatts (GW), or 40% of total capacity, by 2030.<\/p>\n<p>The southern state of Andhra Pradesh is among the largest adopters of renewable energy and ReNew Power, about 49% owned by Goldman Sachs, is India&#8217;s largest renewable energy company. <\/p>\n<p>But the state has been curtailing power procurement from renewable energy companies, citing high prices, and pushed to renegotiate its supply contracts with them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors could be put off India by Andhra Pradesh state&#8217;s difficult relationship with renewable energy companies, Sumant Sinha, chair of Goldman Sachs-backed ReNew Power, said on Thursday. India, the world&#8217;s third-largest emitter of greenhouse gases, wants to raise its renewable energy capacity to 500 gigawatts (GW), or 40% of total capacity, by 2030. The southern state of Andhra Pradesh is among the largest adopters of renewable energy and ReNew Power, about 49% owned by Goldman Sachs, is India&#8217;s largest renewable energy company. But the state has been curtailing power procurement from renewable energy companies, citing high prices, and pushed to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-299187","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299187"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299187\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}