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Powering India Through Renewables, Investments are No Concern

News:

NYSE-listed Brookfield Asset Management is taking its second bet on the Indian green energy sector and is evaluating a potential investment in companies such as Mytrah Energy Ltd and Leap Green Energy Pvt. Ltd.

Source:- live mint

SNP Insight:

Investments are pouring in for renewable projects in India as big firms like Brookfield Asset Management, Merill Lynch International and Aion Direct Singapore are eyeing on domestic companies with good credibility to invest in. This might help to achieve the govt's target of 175 GW of renewable energy by 2022, as investments required are arounf $200 billion.

Source:- SNP Infra Research