India plans to invite bids for 50 GW of renewable energy capacity annually for the next five years to achieve its target of 500 GW of clean energy by 2030. The plan finalised by the Ministry of New & Renewable Energy will also include setting up of wind power capacity of at least 10 GW per annum.
The Indian government plans to issue 50GW of renewable energy capacity tenders annually until FY28, with projects worth 250GW planned from FY24 to FY28.
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