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The RE-Invest summit, inaugurated yesterday by Prime Minister Modi in Gandhinagar, Gujarat, has seen significant commitments from renewable energy developers. These pledges, made through "Shapath Patra" agreements, outline substantial capacity generation obligations and investments up to 2030.
Major Commitments
Capacity Generation Commitments
Reliance Industries (RIL): 100,000 MW
NTPC Ltd.: 41,300 MW
ReNew: 40,000 MW
Adani Green Energy: 38,300 MW
Hero Future Energies: 28,250 MW
Axis Energy Ventures: 27,900 MW
Serentica Renewables: 26,000 MW
Avaada: 25,300 MW
Ampin Energy: 21,000 MW
Greenko: 20,000 MW
SJVN Green Energy: 15,500 MW
Tata Power Renewable Energy: 15,234 MW
SECI: 10,000 MW
Other Notable Commitments
Zelestra: 9,850 MW
NHPC: 9,558 MW
O2 Power: 9,500 MW
Torrent Power: 8,710 MW
Azure Power: 7,052 MW
R P Sanjiv Goenka: 6,975 MW
Juniper Green Energy: 6,230 MW
Engie Energy: 6,050 MW
Manufacturing Commitments
Reliance Industries:
20,000 MW of integrated solar PV annually
20,000 MW of glass capacity
ReNew: 6,000 MW of ingot-wafer, cells, and modules annually
Avaada: 5,000 MW of ingot-wafer, cells, and modules annually
Tata Power: 5,000 MW annual manufacturing capacity for cells and modules
Event Highlights
- Union Minister for New and Renewable Energy, Shri Prahlad Joshi, urged stakeholders to invest in India's rapidly growing renewable energy sector.
- The event was attended by several dignitaries, including:
- Governor of Gujarat, Acharya Devvrat
- Chief Minister of Gujarat, Shri Bhupendra Patel
- Chief Ministers of Andhra Pradesh, Rajasthan, Madhya Pradesh, Chhattisgarh, and Goa
The summit is scheduled to continue until 18th september.
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