Renewable energy mainstream plan of India's energy: Piyush Goyal

Minister of State for Power, Coal and New and Renewable Energy, Piyush Goyal, on Tuesday said that renewable energy is the mainstream plan of India's energy future, at the valedictory session of 'RE-invest 2015'.

"After the conference, it will not be out of place to say renewable energy is the mainstream plan of India's energy future. Energy Ministers from nine states showcased their state policy, and their offerings for renewable energy. If Prime Minister Modi believes in this as an article of faith, we all do so too," said Goyal.

The RE-invest Expo 2015 showcased India's manufacturing capabilities and technologies in solar, wind and bio-mass being used to provide an idea to the foreign investors about the potential areas of investment in renewable energy sector.

A total of 119 companies including four countries have set their pavilions in the sprawling lawns of Hotel Ashok in New Delhi. The four participating countries are Germany, UK, Italy and UAE.

Apart from this States like Madhya Pradesh , Andhra Pradesh , Punjab and Jharkhand and associations of solar and wind power developers / manufacturers have showcased their initiatives in the renewable energy sector. Besides, several Indian majors in the renewable sectors are also participating with their stalls.

There are also stalls of various financing agencies which are offering several investment options to the entrepreneurs.

The three day RE-invest 2015 attended by 2800 delegates from 41 countries will come to a close today.