Moody’s Hails India’s Efforts On RE Front
New Moody’s Report On India’s Transition To Low-Carbon Energy Mix Forecasts Renewable Energy Generation To Account For 18% In Country’s Energy Mix By 2022, As Fossil Fuel Based Generation Drops Down To 55% From Current 67%
Wind and solar power tariffs either reaching a comparable level with domestic coal-based generation or even going lower is contributing to the rising share of renewables in the country, according to Moody’s Investors Service new report, ‘Infrastructure and Project Finance-India: Transition to low-carbon energy mix is work in progress’.
