India needs ₹4.74-lakh-cr investment to meet renewable energy capacity addition target

An investment of ₹4.74-lakh crore is required to achieve the balance renewable energy capacity addition target of 86 gigawatt (GW) by March 2022.Responding to questions in the Lok Sabha, RK Singh, Minister of State (Independent Charge) for Power and New and Renewable Energy, said a cumulative renewable energy capacity of 88,793.39 MW has been installed…