India
is among the top five countries in terms of usage of new and renewable
energy and the sector is attracting FDI worth over USD 10 billion every
year.
"India stands among the top five countries of the world
in terms of renewable energy installed capacity and at present renewable
power," new and renewable energy minister Farooq Abdullah said.
Addressing the first ASEAN-India renewable energy meeting, he said,
"Investment in renewable energy in India has now exceeded USD 10 billion
per year."
Abdullah said the meeting provided a unique
opportunity to catalyse the India-ASEAN Renewable Energy family and
underlined the importance of new energy sources in India's energy
security for achieving its goal of providing reliable energy supply and
access through a diverse and sustainable energy mix.
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