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India to Seek 15% of $50 Billion for Renewables From Overseas

India may seek at least $7.5 billion of the $50 billion it’s planning to invest in clean energy in five years from foreign direct investment, a government official said.

“We’d like a bare minimum of 15 percent of that coming as FDI over the next five years,” Gireesh Pradhan, secretary at the Ministry of New and Renewable Energy, said today in an interview in London.