Indian Government Denies Lending Curbs on Green Energy, Reaffirms Solar Manufacturing Push
The Union Ministry of New and Renewable Energy (MNRE) in India has clarified that there are no lending restrictions on renewable energy projects, countering recent media reports suggesting a freeze. The ministry emphasized that it has not issued any advisories to banks or financial institutions to halt funding for green energy projects or equipment manufacturing. Instead, MNRE has shared detailed industry data with financial bodies to aid in informed decision-making. This data includes information on domestic manufacturing capacities across the solar PV chain, such as modules, cells, and other components. The government is committed to making India a global hub for solar manufacturing, supported by initiatives like the Production Linked Incentive (PLI) Scheme for high-efficiency solar modules. 
