Renewable energy set for biggest growth in 5-10 years: Mytrah Energy chief

In a Q&A, Ravi Kailas, chairman, Mytrah Energy Ltd, some of the factors that had contributed to the recent slowdown will disappear once the ongoing regulatory interventions come into play

Mytrah Energy Limited chairman Ravi Kailas believes renewable energy industry is poised for the biggest growth in the next 5-10 years in India. In an interview with Business Standard, the company founder tells B Dasarath Reddy that some of the factors that had contributed to the recent slowdown will disappear once the ongoing regulatory interventions come into play. Excerpts:

Your vision was to build 5 Gw of renewable energy projects in India. What do you think of that goal today?
 

I think it will be greater than that. When we started in 2010, the total industry size was 10 Gw.