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flag India refutes lending pause claims, highlights 259 GW non-fossil capacity and solar manufacturing growth.

flag India’s Ministry of New and Renewable Energy denied reports of a lending pause for renewable projects, stating no advisory was issued. flag As of October 31, 2025, India’s non-fossil capacity reached 259 GW, achieving 50% of its electricity mix five years ahead of its Paris Agreement target. flag The ministry shared detailed data on domestic solar manufacturing—modules, cells, wafers, polysilicon, and ancillary components—with financial institutions to guide informed lending and promote investment beyond module production. flag India’s solar manufacturing capacity has grown from 2.3 GW in 2014 to around 122 GW under the ALMM, supported by the PLI Scheme. flag The government remains committed to reaching 500 GW of non-fossil capacity by 2030.

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