Government Postpones Renewable Energy Investment Expo
A security guard walks past solar panels in Surajpur, Uttar Pradesh. (Photographer: Prashanth Vishwanathan/Bloomberg)

Government Postpones Renewable Energy Investment Expo

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The government has postponed the third Global Renewable Energy Investors’ Meet & Expo by a year till October 2020.

The 3rd RE-INVEST was to be inaugurated by Prime Minister Narendra Modi on Oct. 30, 2019. The Ministry of and Renewable Energy announced the postponement of the meet on Thursday.

The event was to be held in Greater Noida.

“Due to certain unavoidable circumstance, the 3rd RE-INVEST scheduled for Oct. 31 to Nov. 2, 2019 has been postponed and will now be held in Oct. 2020,” an MNRE notice on its portal stated.

Fresh dates are being worked out in consultation with the stakeholders and shall be informed shortly, the notice added.

In a curtain raiser press conference last month, MNRE Secretary Anand Kumar had informed that the prime minister would inaugurate the 3rd RE-INVEST at Vigyan Bhawan on Oct. 30.

He said India was expecting an investment of $80 billion in 2-3 years in the renewable energy sector.

The event is significant in view of India's ambitious target of having 175 gigawatts of renewable energy by 2022, which includes 100 GW of solar and 60 GW of wind energy.

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