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Role of the Private Sector
Role of the Private Sector
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Tata Power has pledged to not build new coal-fired projects while JSW Energy is investing in solar, wind, and hydropower plants to become carbon neutral by 2050.
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Reliance has acquired REC Group of Norway and invested in German solar wafer manufacturer NexWafe GmbH to expand its solar capabilities.
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Private companies such as Greenko and ReNew Power are offering on-demand energy solutions and storage services. Independent power producers (IPPs) are partnering with companies with technological prowess to develop decarbonisation solutions, presenting opportunities for global strategic investors to collaborate and invest in local players.
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