INDIA'S RENEWABLE INVESTMENT $2 BLN
FT - In a renewed push to cut dependence on fossil fuels, the Indian government wants state-run companies to build massive clean energy parks at a cost of around $2 billion each.
The proposed ultra mega renewable energy power parks (UMREPP) of 2,000 megawatts each will help developers achieve economies of scale and further bring down solar and wind power tariffs, Livemint reported.
Setting up such parks will bolster India's image as a clean energy champion at a time the world is grappling with concerns related to climate change. Clean energy projects…
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