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Twenty-first report on financial constraints in renewable energy sector: Standing Committee on Energy (2021-22)

Filling the huge investment gap in the renewable energy sector to achieve the 500 gigawatt (GW) capacity target by 2030 will be a gargantuan task, according to the 21st report by the Standing Committee on Energy presented in Parliament on 3 February 2022. There is a huge gap between the required and actual investment and it will be a gargantuan task to fill this gap which requires an enabling framework to be created by the government, the Committee report noted. The Committee was informed by the renewable energy ministry that for the country’s long term commitments, an additional investment of about Rs 17 lakh crore has been envisaged.