Formation of this PDC is a positive step to attract more investments: Amp Energy

The renewable energy industry has welcomed the government’s  announcement to form Project Development Cell (PDC) to attract investments in India.

Commenting on the formation of PDC,  Pinaki Bhattacharyya, CEO and co-founder, Amp Energy India said “Renewable Energy sector in India has been growing at a rapid pace over the last few years with many global players entering the market through partnerships and acquisitions.”

Pinaki added “The formation of this PDC by MNRE is a positive step to attract more investments in the country and would help in expediting lot of processes, compliances and most importantly land acquisitions. This will help to improve the interest of global investors in India which will help the RE sector to grow further,”