Renewable Energy: ₹18 Lakh Crore Investment Expected Over the Next Four Years; Solar Sector Leads the Way
India is rapidly moving toward green energy. Significant, large-scale investment is anticipated in the country’s renewable energy sector over the next four years. The Ministry of New and Renewable Energy is currently developing a robust roadmap for this projected investment, which is expected to take place between 2027 and 2030.
This information was shared by Santosh Kumar Sarangi, Secretary of the Ministry of New and Renewable Energy, during a discussion regarding the upcoming ‘Bharat Renewable Energy Summit,’ scheduled to be held from November 2 to 5 at Bharat Mandapam, New Delhi. The scope of this investment will encompass key sectors such as solar energy, wind energy, battery storage, green hydrogen, and power transmission.
Projected Investment by Sector
According to estimates released by the Ministry, the breakdown of anticipated investments across various sectors over the next four years is as follows:
Energy Sector / Segment and Projected Investment (in billion USD)
Solar Energy : 70–75
Power Transmission : 40–45
Wind Energy : 25–30
Green Hydrogen : 20–25
Energy Storage : 15–20
Equipment Manufacturing : 15–20
Hydropower : 12–15
Bio-energy : 3–5
This comprehensive investment will comprise contributions from foreign direct investment (FDI) as well as from the domestic private and public sectors.
$63.7 Billion Invested Over the Past Two Years
Beyond these ambitious future plans, the sector has already gained significant momentum in the country over the last few years. Between 2024 and 2026, a total investment of $63.7 billion was recorded in the country’s renewable energy sector, with both the private and public sectors playing a significant role. The proposed $220 billion investment for the next four years underscores the immense potential of this sector and the growing demand for capital.
‘Bharat Renewable Energy Summit’ to be held at Bharat Mandapam
The ‘Bharat Renewable Energy Summit’—one of the largest events in the energy sector—is set to take place from November 2 to 5 at Bharat Mandapam in New Delhi. Key highlights of this grand summit include:
Participation from over 130 countries and 400 exhibitors.
More than 500 expert speakers will deliberate on future energy policies.
Over 75,000 visitors are expected, and more than 90 sessions will be conducted.
