India lures foreign investors with renewables potential
Published on 12th Oct 2017
India is a market of growing significance. The country’s second national wind tender recently [October 2017] produced record low prices of just INR 2640 (£30.7 €34.4 US$40.4) per MWh, while in other notable developments, the EIB confirmed some €800 million in financing support for Indian renewables projects and also formed a lending partnership with a domestic bank. As such, India receives a score of 65.86% in inspiratia’s riskWatch index, with a positive outlook for the next 12 months
In the context of a nationwide plan to bring reliable electricity to the masses, India’s renewable energy market is garnering interest from international investors and lenders.
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