Vinayak expressed optimism, particularly in renewable energy, and also highlighted efforts in renewable power generation and the government's softened stance on coal thermal capacity
The scope of the work includes procuring of land, designing, manufacturing, supplying, erecting, testing, commissioning and synchronising with grid.
US government-owned financial entity Overseas Private Investment Corp (OPIC) plans to invest up to USD 820 million (about Rs 3,600 crore) in the fast- growing Indian renewable energy sector by the end of 2011.