Electricity infrastructure is critical to India’s growth and Prime Minister Narendra Modi understands this. To many, his 175 Gw renewables capacity target seemed like hype — as it meant increasing India’s renewables capacity five-fold in seven years. However, it is only when there is clear thinking and ambition at the top that the business and policy ecosystems shuffle and reorganise themselves to achieve the objectives.
We have seen that happen in this case where all important stakeholders — from the bureaucracy to the banks, from equipment suppliers to the construction companies, and from IPPs to global investors — have been focused
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
