India received Rs 7.5L Cr in green energy finance

Experts at the RE-Invest Summit held at Mahatma Mandir in Gandhinagar expressed optimism about the rapid growth of the Indian renewable energy industry, emphasizing that easy access to finance will further propel its expansion. They highlighted the significant role that the International Financial Services Centre (IFSC) at GIFT City would play, given the implementation of appropriate policies. During a panel discussion titled "Accelerating Capital for India's Energy Transition: Spotlight on Instruments," the panelists unanimously agreed on the immense potential for accelerated growth in the Indian green energy sector.

Monu Ratra, CEO of IIFL Housing Finance, pointed out the vast potential for affordable housing in India and said that nearly 80% of houses are self-built and emphasized the need for green certification standards for self-constructed houses.