Viability Gap Funding To Be Provided For 1 GW Offshore Wind Energy: FM

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(PTI)

Finance Minister Nirmala Sitharaman on Thursday said the government will provide viability gap funding for 1 GW offshore wind energy. The country has a target of 500 GW of renewable energy capacity by 2030.

She said the viability gap funding will also be provided for harnessing offshore wind energy capacity of 1 GW for achieving net-zero emissions by 2070.

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