16-11-2023 06:16 PM | Source: Geojit Financial Services Ltd
Quote on Green Energy sector outlook By Dr. V K Vijayakumar, Geojit Financial Services.
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Below the quote on Green Energy sector outlook from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
"As a signatory to the Paris Agreement India has to reduce power generation from coal and substantially increase power generation from renewable energy. India has an ambitious target of 500 GW of renewable energy and the private sector is expected to play the major role in realising this target. Many private companies are investing heavily in green hydrogen and the market perception is that they will do well. This has aroused investor interest in the stocks of these companies investing in green energy."
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