India retains 3rd position in RE investment attractiveness index

India retains 3rd position in RE investment attractiveness index

Daily Current Affairs   /   India retains 3rd position in RE investment attractiveness index

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Category : Business and economics Published on: October 14 2021

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  • India has maintained its third-place ranking in the EY Renewable Energy Country Attractiveness Index.
  • The top three rankings are still held by the United States, mainland China, and India, with Indonesia being a new entrant to the RECAI.
  • The 2021 RECAI ranks the top 40 global markets (nations) in terms of the attractiveness of their renewable energy investment and deployment opportunities.
  • In this edition of RECAI, a new PPA Index focuses on the attractiveness of renewable power procurement and ranks the growth potential of a country's corporate PPA market. India ranks sixth out of the top 30 PPA markets.
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