On Thursday, India’s prime minister Narendra Modi extended an invitation to international companies to “make, invest, innovate, and scale” in the country’s power sector, establishing India as a prime location for energy-related collaborations and investments.
As the world’s fastest-growing major economy, India is at a pivotal point in its energy transition, according to a message presented by Power Secretary Pankaj Aggarwal at the Bharat Electricity Summit 2026.
He emphasised that the summit’s goal is to unite the whole power ecosystem in order to promote cooperation, share knowledge, and propel sectoral growth in the long run, all in line with the objective of a developed India by the year 2047.
Modi emphasised sustainability by mentioning that India is on pace to attain 500 GW by 2030 and has already reached over 50% non-fossil fuel capacity. As an example of India’s efforts to foster international cooperation in the energy sector, he mentioned global projects like One Sun, One World, and One Grid.
By bolstering supply chains, improving battery production, and creating green jobs, India is emerging as a trusted energy partner, according to the prime minister. Plans such as the PM Surya Ghar Muft Bijli Yojana and the SHANTI Act 2025 are anticipated to encourage investment and facilitate the deployment of distributed renewable energy sources.
Furthermore, he mentioned that the distribution industry is currently undergoing reforms that are leading to better financial health, less aggregate technical and commercial (AT&C) losses, and an overall more efficient and sustainable power environment.
Global investors looking for development, size, and long-term value creation would find India to be an attractive platform due to its large-scale investment prospects across generation, transmission, and distribution, according to Modi.
