The ever increasing demand and shortfall in supply present vast opportunity for investment in power generation in India.
Given the steadily increasing demand for power due to consistent growth of the Indian economy, accelerated use of renewable energy is regarded as vital for India’s growth and energy security.
India with its abundant natural resources and conditions such as adequate sunlight, good quality wind sites, and large scale agriculture activity make it a favorable investment destination for all forms of renewable energy be it solar, wind or biomass.Thus investments in renewable energy sector in India remain attractive for investors.
The company is looking at expanding in other sectors of renewable energy, namely wind and solar.
The company is also looking at inorganic growth opportunities in TamilNadu.