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PM Modi Invites Global Investors to Power India's Renewable Energy Boom

Prime Minister Narendra Modi has called on the global investor community to invest, innovate, and scale their operations within India's power sector. He emphasized India's position as the world's fastest-growing major economy and its commitment to strengthening energy infrastructure. The Prime Minister highlighted significant progress, including achieving over 50% non-fossil fuel capacity and a clear pathway to 500 gigawatts of renewable energy by 2030. The government's reforms and initiatives aim to create a sustainable, efficient, and compelling investment destination with vast opportunities across the energy value chain.

Key Points: PM Modi Urges Global Investment in India's Power Sector

  • Invitation to global investors
  • 50% non-fossil fuel capacity achieved
  • Target of 500 GW renewable energy by 2030
  • Reforms to improve sector efficiency
  • Vision for 'Viksit Bharat' by 2047
2 min read

PM Modi urges global investors to invest in India's power sector

PM Modi invites global investors to innovate and scale in India's power sector, highlighting renewable energy goals and investment opportunities.

"I invite the global community to make in India, innovate in India, invest in India, and scale with India. - Narendra Modi"

New Delhi, March 19

Prime Minister Narendra Modi on Thursday urged the global investor community to "make, invest, innovate, and scale" in the domestic power sector.

In a written message read out by Union Power Secretary Pankaj Aggarwal on the first day of the 'Bharat Electricity Summit 2026; here, PM Modi said India stands at a defining moment in its energy journey as the world's fastest-growing major economy.

"I invite the global community to make in India, innovate in India, invest in India, and scale with India. I am confident this summit will catalyse meaningful dialogue and enduring partnerships to power India's growth," Prime Minister said.

PM Modi said the summit aims to bring the entire power and energy ecosystem onto a single platform to exchange ideas, foster collaboration, and chart a shared path for power sector growth and improving lives.

"It reflects our collective resolve to electrify growth with sustainability, enhance global connectivity, and advance India's vision of a Viksit Bharat by 2047," he stated.

India stands at a defining moment in its energy journey. As the world's fastest-growing major economy, we are strengthening infrastructure and ensuring reliable energy access for all, he noted.

"Our renewable energy progress is a testament to this commitment. Over 50 per cent non-fossil fuel capacity has already been achieved, with a clear pathway to reach 500 gigawatt by 2030," PM Modi highlighted.

Initiatives like 'One Sun, One World, One Grid' underscore our vision for global cooperation, he pointed out.

India is evolving into a reliable energy partner by building resilient supply chains, advancing battery manufacturing, creating green jobs, and enabling investments through bold reforms, PM Modi further said.

The 'SHANTI Act 2025' opens new frontiers in nuclear energy, while the PM Surya Ghar Muft Bijli Yojana is driving distributed generation and sustainable consumption.

Reforms in the distribution sector are equally significant in reducing AT&C losses and improving finances in 2024-25, signalling a more efficient and sustainable sector with vast opportunities across the value chain, making India a compelling investment destination with scale, Prime Minister said in his written message.

- IANS

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Reader Comments

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Sarah B
Investing in India's power sector seems like a smart move from a global perspective. The scale of the market and the clear policy direction on renewables is a strong combination. The 'One Sun, One World, One Grid' initiative could be a game-changer for regional energy security.
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Priya S
All this talk of global investment is good, but what about the common man? My electricity bill has doubled in the last two years. Reforms should first ensure stable and affordable power for households. The PM Surya Ghar scheme is a good step, but its reach needs to be wider.
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Rohit P
The focus on nuclear energy through the SHANTI Act is crucial for base load power. Solar and wind are great, but we need 24/7 reliable electricity for industries to truly compete globally. Hope the execution matches the vision. Jai Viksit Bharat!
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Karthik V
Reducing AT&C losses is the key! So much power is wasted due to old infrastructure and theft. If foreign investment can help modernize the distribution network in smaller cities and towns, it will be a massive win for the economy and for citizens.
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Michael C
As someone looking at emerging markets, India's energy transition presents a significant opportunity. The regulatory framework seems to be stabilizing. The challenge will be ensuring a return on investment while keeping consumer tariffs reasonable. A delicate balance.

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