In a bid to provide an international forum for investment promotion in the renewable energy sector, Prime Minister Narendra Modi will inaugurate the third edition of the Global Renewable Energy Investment Meeting and Expo (RE-INVEST 2020), virtually on November 26.

Along with Prime Minister Modi, the Secretary of State for Business, Energy and Industrial Strategy, UK and President COP-26 and the Minister of Energy, Utilities and Climate, Denmark will also address the inaugural session.

"It will also send signals to the global renewable community about India's commitment to the development and scaling up of renewable energy to meet its energy requirements in a sustainable manner. In India during the last 6 years, over Rs 4.7 lakh crore were invested and India has become a favoured destination for investment in renewables," RK Singh, Minister of Power and New and Renewable Energy said here on Thursday.

The forum will include a two-day virtual conference on renewable and future energy choices and an exhibition of manufacturers, developers, investors and innovators engaged in the clean energy sector. Singh also highlighted that corona caused a significant disruption but despite this the renewable energy sector has rebounded remarkably.

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