Govt gets $400 billion in renewable energy investment commitments: Joshi
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The government received $400 billion in long-term investment commitments for the renewable energy sector.
- ✓Minister Pralhad Joshi said, "We have received commitment in the CEO roundtable for $400 billion." India also plans to bring in ₹21 lakh crore more by 2030 to reach a 500 Gigawatt capacity target soon.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Standard
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
In a sign of booming investor confidence in India's clean energy space, the government has received long-term investment commitments of around $400 billion from companies operating in the renewable energy sector.
"We have received commitment in the CEO roundtable for $400 billion as long-term investment in the sector but I do not want to focus on any specific figure. ₹6-7 lakh crore investment has already come in renewable energy in the past two years, including both domestic and foreign investments, despite the geopolitical disturbances. This is the highest investment achieved in a single sector in this time," Minister for New and Renewable Energy Pralhad Joshi told Business Standard in an interaction at the Bharat Renewable Energy Summit and Expo 2026.
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Business Standard
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