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India top fossil fuel firms invest in renewables

They are backing Modi's goal to build up alternatives to the most polluting forms of energy

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POWERING AHEAD: Local and foreign companies are being drawn by Mr Modi's promise to support more wind and solar developments through subsidies and auctions of power-purchase contracts.

New Delhi

INDIA'S biggest energy companies are moving beyond their roots in fossil fuels to invest in renewables, backing Prime Minister Narendra Modi's goal to build up alternatives to the most polluting forms of energy.

Indian Oil Corp, a prominent refiner, along with Oil India

sentifi.com

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