New Delhi, Nov. 26 -- Prime Minister Narendra Modi on Thursday announced that there are huge renewable energy deployment plans for India for the next decade which are likely to generate business prospects of around $20 billion per year.

In his address after inaugurating the 3rd Global Renewable Energy Investment Meeting and Expo (RE-Invest 2020), through video conferencing, he invited investors, developers and businesses to join India's renewable energy journey.

He said that after the success of Performance Linked Incentives (PLI) in electronics manufacturing, the government has decided to give similar incentives to high efficiency solar modules, as per an official statement.

Stressing that ensuring 'ease of doing business' is their ut...