Renewable energy sector attracts FDI worth $7.48 billion since April 2000

Globally, India is the third largest solar market and has the fourth highest installed wind power capacity

According to a report by the India Brand Equity Foundation (IBEF), the country's renewable energy sector attracted foreign direct investments (FDI) worth $7.48 billion between April 2000 and December 2018. 

The IBEF report pegs new investments in clean energy space worth $11.1 billion in calendar 2018, sourcing data from the Ministry of New & Renewable Energy (MNRE) and leading consultancy KPMG.

The green energy sector boasted 28 deals and grabbed a 27 per cent share of the merger & acquisition (M&A) deals in the power sector valued at $4.4 billion in 2017.

Renew Power Ventures, Diligent Power Pvt Ltd, Welspun Renewables Energy Pvt