ilmscore | Prediction Details
"so one more time at India level I'm talking about okay not at a specific corporate level at India level in the coming few years three points that I talked about one is about 125 gaw of renewable energy with the help of green hydrogen second one is about 50 solar parks with uh 37.4 n gaw project and third one is wind energy with 30 gwatt project plus it was mentioned that 320 gaw of additional renewable capacity will be added by 2030 okay so this specific point 320 gaw of renewable energy capacity will be added this was mentioned in one of the management con calls okay in fact that was also given in the management con call that 320 gatts will require how much investment very important Point coming up please pay attention 320 gaws of additional renewable capacity is going to be added by what by 2030 okay now for this 320 gwatt of energy to be added 30 to 32 lakh crores of investment is going to be required 30 to 32 trillion rupees of investment is going to be required now for this they mentioned that even if we say that 75% of that will be through loans 25% can be funded okay let's say Government funding or Equity I me own funds or government funds whatever 75% will be through loans is what was mentioned okay and that's so basically 30 32 lakhs 70 75% will come around 24 lakh CR Now out of this 24 lakh crores even if 50% is given by Banks balance balance 50% will be given by nbfcs so Mr pradep Das who is again the CMD I was mentioning about him he mentioned that by 2030 nbfc space will be able to lend how much 12 lak CR Rupees is that a big number of course I'm not saying that only Ira is going to lend that money it's going to be entire ndfc space okay"
By CA Rachana Phadke Ranade | January 25, 2024 | Pending
Interpreted Prediction
India aims to add 320 GW of renewable energy capacity by 2030, requiring 30-32 lakh crore rupees in investment. 75% of this is expected to come through loans, with NBFCs potentially lending up to 12 lakh crore rupees by 2030. This indicates a significant growth opportunity for entities involved in renewable energy financing.

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