India attracts USD 13 bn FDI in non-conventional energy sector: Singh

Domestic non-conventional energy sector has received over USD 13 billion through FDI route in the last 22 years, said Singh
India attracts USD 13 bn FDI in non-conventional energy sector: Singh
India attracts USD 13 bn FDI in non-conventional energy sector: Singh
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New Delhi: Domestic non-conventional energy sector has received over USD 13 billion through Foreign Direct Investment (FDI) route in the last 22 years, Parliament was informed on Tuesday.

Sharing the country-wise details of FDI/ equity inflow during the period April 2000 to September 2022, he said, "India received USD 13.034 billion as offshore investment." The top contributor is Mauritius, followed by the United Kingdom, Singapore, Netherland and UAE, the minister added.

100% FDI permissible through automatic route for promotion of solar power generation: Singh

FDI, up to 100 percent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) RK Singh informed the Rajya Sabha.

Non-conventional sources of energy include solar, wind and other renewable sources.

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