June 13, 2012. India is setting up an Investment Promotion Cell for the energy sector to provide a single point of contact for investors, Minister of New and Renewable Energy Farooq Abdullah has said. In the next five years, the country plans to invest $ 50 billion in renewable energy, including $ 19 billion in wind, $ 25 billion in solar and $ 3 billion each in Hydro and Biomass segments, he said. He asked global investors to invest in India's renewable energy sector and support its quest for a low-carbon and environmentally sustainable growth path.