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India has urged global investors to participate in its power and energy sector, highlighting opportunities in manufacturing, renewable energy, and infrastructure development. A written message from Prime Minister Narendra Modi, read out at a recent energy summit, emphasized collaboration under the make in India, innovate in India, invest in India, and scale with India approach. The country's progress in non-fossil fuel capacity, along with policy reforms and initiatives like nuclear energy expansion and distributed solar adoption, was presented as evidence of a growing, investment-friendly energy ecosystem aligned with long-term development goals.
Prime Minister Narendra Modi invited global investors to explore opportunities in India's power sector through a written message delivered at a recently held energy summit, which was read out by Union Power Secretary Pankaj Aggarwal. In his remarks, he emphasized that India is currently at a significant stage in its energy development, supported by its position as one of the fastest-growing major economies.
He urged the international community to participate in the country's growth by adopting a collaborative approach that includes manufacturing, innovation, investment, and scaling operations within India. He noted that the summit was designed to bring together stakeholders across the power and energy ecosystem on a single platform to encourage dialogue, strengthen partnerships, and support the sector's long-term development.
The message highlighted that the country's approach aligns with broader national goals of expanding access to reliable electricity while ensuring sustainable and inclusive growth. It also pointed out that India's long-term development vision includes building a Viksit Bharat by 2047, with energy playing a central role in enabling economic progress.
India's progress in renewable energy was also underlined, with more than half of its installed capacity already coming from non-fossil fuel sources. The government has set a pathway to reach 500 gigawatt of renewable capacity by 2030, reflecting continued focus on clean energy expansion and energy transition.
The message further referred to global cooperation initiatives such as one sun, one world, one grid, which aim to strengthen cross-border energy collaboration. India's role as a reliable energy partner was highlighted through its efforts in building resilient supply chains, expanding battery manufacturing, generating green jobs, and supporting investments through policy reforms.
Key policy measures were also mentioned, including the SHANTI Act 2025, which is intended to open new avenues in nuclear energy development, and the PM Surya Ghar Muft Bijli Yojana, which promotes distributed solar generation and encourages sustainable electricity consumption at the household level.
The message also noted ongoing improvements in distribution efficiency, particularly efforts to reduce aggregate technical and commercial (AT&C) losses and strengthen financial performance in the sector in 2024-25. These developments were presented as part of broader reforms aimed at improving operational efficiency and creating a more stable and attractive investment environment across the energy value chain.
The summit, held over multiple days, served as a platform for industry participants, policymakers, and global stakeholders to exchange ideas and explore opportunities within India's evolving power sector landscape.
Source PTI
FAQ
Q1: What message did India convey to global investors regarding the power sector?
A1: India invited global investors to participate in its power and energy sector, encouraging them to explore opportunities in manufacturing, renewable energy, and infrastructure. The message emphasized collaboration under the framework of make in India, innovate in India, invest in India, and scale with India.
Q2: Who delivered the message and at which platform?
A2: A written message from Prime Minister Narendra Modi was read out by Union Power Secretary Pankaj Aggarwal at a recently held energy summit attended by stakeholders from across the power and energy ecosystem.
Q3: What opportunities were highlighted for investors?
A3: The government highlighted opportunities in renewable energy expansion, energy infrastructure, battery manufacturing, supply chain development, and innovation-driven projects. Investors were encouraged to collaborate in building scalable and sustainable energy solutions in India.
Q4: What is India's progress in renewable energy capacity?
A4: India has already achieved more than half of its installed capacity from non-fossil fuel sources and is working toward a target of 500 GW of renewable energy capacity by 2030, reflecting its strong focus on clean energy transition.
Q5: What long-term vision has India set for its energy sector?
A5: India aims to build a Viksit Bharat by 2047, where energy plays a central role in supporting economic growth, industrial development, and universal access to reliable and sustainable electricity.
Q6: What policy initiatives were mentioned to support the sector?
A6: Key initiatives include the SHANTI Act 2025 for nuclear energy expansion and the PM Surya Ghar Muft Bijli Yojana, which promotes distributed solar adoption at the household level. These policies aim to diversify energy sources and encourage sustainable consumption.
Q7: How is India improving efficiency in the power distribution sector?
A7: The government is focusing on reducing aggregate technical and commercial (AT&C) losses and improving financial performance in the distribution sector. These reforms aim to enhance operational efficiency and create a more stable and attractive environment for investment.
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