<h1>Cabinet approves increased investment limit from Rs.7,500 crore to Rs.20,000 crore for state power utility's renewable energy expansion</h1> The Cabinet Committee on Economic Affairs has approved enhanced delegation of power to a state-owned power utility, increasing its investment limit from Rs.7,500 crore to Rs.20,000 crore for renewable energy capacity addition. This enhanced authority allows the parent company to invest in its green energy subsidiary, which will subsequently invest in its renewable energy arm and other joint ventures to achieve 60 GW renewable energy capacity by 2032. The decision aims to accelerate renewable project development and strengthen power infrastructure while ensuring reliable electricity access nationwide. The initiative is expected to generate employment opportunities during construction and operational phases, benefiting local suppliers and small enterprises. India has achieved 50% of its installed electricity capacity from non-fossil fuel sources, five years ahead of its Paris Agreement target, and aims for 500 GW non-fossil energy capacity by 2030. The green energy subsidiary currently manages approximately 32 GW renewable energy portfolio including operational, contracted, and pipeline capacity.