Union Minister for New and Renewable Energy Pralhad Joshi on Tuesday urged global investors to partner with India’s rapidly expanding clean energy sector, stating that the real challenge of the global energy transition lies in building infrastructure that is resilient, scalable and investment ready.
Speaking at the World Economic Forum Annual Meeting 2026 in Davos during the session “Resilient Infrastructure for Growth”, Pralhad Joshi highlighted India’s ability to combine scale with system resilience. He said that under the leadership of Prime Minister Shri Narendra Modi, India has achieved 267 gigawatt of non fossil fuel energy capacity as of December 2025 and is firmly on track to meet its 2030 clean energy targets. He noted that this progress is supported by robust policy frameworks, strong domestic manufacturing, grid modernisation, energy storage deployment and emerging ecosystems for geothermal and nuclear energy.
The Minister emphasised the importance of patient capital, blended finance and closer collaboration among governments, private investors and multilateral development banks to ensure a sustainable and inclusive global energy transition. He said infrastructure development must keep pace with climate ambition to deliver reliable and affordable energy at scale.
Pralhad Joshi also delivered the keynote address at the roundtable “Delivering Sustainability at Scale Pathways for Global Transformation”, where he said sustainability has moved to the core of economic growth and competitiveness. He stressed that the defining challenge of the current decade is not whether the world should transition, but how sustainability can be delivered at speed, at scale and in a manner that strengthens economies.
Reiterating India’s energy transition philosophy, the Minister said the country remains committed to achieving net zero emissions by 2070, guided by the principle of Vasudhaiva Kutumbakam One Earth One Family One Future. He said India views sustainability as a comprehensive transformation of the economy and society, rather than merely a technological shift, and is pursuing renewable energy as the most reliable and future ready pathway for growth.
On the sidelines of the Annual Meeting, Pralhad Joshi held a series of bilateral meetings to strengthen international cooperation in clean energy. In discussions with H E Dr Said Mohammed Ahmed Al Saqri, Economic Advisor at the Office of the Deputy Prime Minister for Economic Affairs, Oman, the Minister highlighted India’s proven capability to scale solar, wind, green hydrogen and energy storage solutions, including in arid and desert conditions. Talks covered potential collaboration in manufacturing and export of solar modules, electrolysers and green hydrogen, renewable powered hydrogen hubs, integrated energy projects, port based export infrastructure and cooperation under the India Oman CEPA, the International Solar Alliance and the One Sun One World One Grid initiative.
The Union Minister also met H E Mr Maxime Prévot, Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation of Belgium, reaffirming the strength of the India Belgium partnership based on trust, predictability and shared democratic values. In another engagement, he held discussions with H E Subaih Abdul Aziz Al Mukhaizeem, Minister of Electricity, Water and Renewable Energy of Kuwait, focusing on investment opportunities in the renewable energy sector.
Engaging with global investors, Pralhad Joshi met Charles Emond, President and CEO, and Ms Sarah Bouchard, Chief Operating Officer of La Caisse, encouraging greater participation in India’s clean energy growth and alignment with the group’s climate action investments of USD 400 billion by 2030. He also met Mr Juvencio Maeztu, CEO and President of Ingka Group, which operates the IKEA retail business, and invited the group to scale up investments in India’s solar, wind and hybrid energy segments, leveraging India’s stable policies and investment friendly ecosystem.
During the Annual Meeting, Pralhad Joshi attended the inauguration of the India Pavilion at the World Economic Forum along with Chief Minister of Andhra Pradesh Shri N Chandrababu Naidu, Chief Minister of Assam Shri Himanta Biswa Sarma, Union Minister for Civil Aviation Shri Ram Mohan Naidu, and Minister for Commerce and Industries and Infrastructure, Government of Karnataka, Shri M B Patil. On the occasion, Pralhad Joshi also launched a Green Investment Handbook titled The India Story.
The India Pavilion showcased the country as a reliable and future ready destination for global partnerships, highlighting policy stability, reform led growth and a predictable regulatory environment across manufacturing, infrastructure, renewable energy, technology and innovation, aligned with the vision of Viksit Bharat 2047.
Concluding his engagements, the Union Minister said that even amid global slowdowns and supply chain disruptions, India has continued to accelerate growth by building resilience and long term capabilities. He underlined that under the leadership of Prime Minister Shri Narendra Modi, India is emerging as a trusted global partner, offering policy certainty, stable returns and long term opportunities for sustainable value creation.
