Foreign Direct Investment in India’s Renewable Sector Dips 46% in Q3 FY 2023

The cumulative investment at the end of December 2022 was $12.4 billion

March 6, 2023

/ Markets & Policy, Other, Renewable Energy

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Foreign Direct investment (FDI) in India’s renewable energy sector stood at $251 million (~₹20.5 billion) in the third quarter (Q3) of the financial year (FY) 2023, a 46% decline compared to $461.5 million (~₹37.7 billion) in Q2 FY 2023.

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Rakesh Ranjan

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Foreign Direct Investment in India’s Renewable Sector Dips 46% in Q3 FY 2023

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