MNRE:Achievements of RE-INVEST 2015 – Rs. 71,200 Crore sanctioned and Rs. 29,500 Crore disbursed for Renewable Energy Sector by Banks and NonBanking Financial Companies (NBFCs) since February, 2015

Ministry of New and Renewable Energy had organized First Renewable Energy Global Investor Meet and Expo (RE-INVEST 2015) from 15-17 February, 2015 in New Delhi. RE-INVEST 2015 saw RE capacity commitments of over 283 GW from stakeholders. Further, there was commitment of over 62 GW of manufacturing of RE equipment in India. It was heartening to note that 40 major Banks and Non-Banking Financial Companies (NBFCs) [Public, Private Sector Banks & NBFCs and Foreign Banks operating in India] committed to provide debt funding to Renewable Energy Projects aggregating to over 78.75 GW during the span of next five years.More InformationFinancing-of-RE-projects-by-Banks-&-FIs