Considering India's substantial infrastructure requirement, the Asian Infrastructure Investment Bank (AIIB) has planned to invest about Rs 127 billion in projects including transport (metro), rural (road upgradation), energy (renewables) and water and waste management.
Tata Power's total generation from non-fossil operating capacity stands at 3,060 MW, making it the largest renewable energy company in India. The company´s robust non-fossil fuel portfolio comprises 693 MW of hydro, 918 MW of solar, 1,074 MW of wind, and 375 MW of waste gas-based generation.
We would like to congratulate the Honorable Finance Minister Shri Arun Jaitleyji for offering measures conducive to the growth of the infrastructure sector. Overall it’s a positive budget for the industry. As direct investment in the infrastructure sector will surely lead to increase in the GDP growth of the country.