Union New and Renewable Energy Minister Pralhad JoshiImage Credit source: (Photo: JoshiPralhad/X)
India has presented a huge investment opportunity of up to $300 billion to global investors in the green energy sector. Union New and Renewable Energy Minister Pralhad Joshi said this at the World Economic Forum (WEF) 2026 held in Davos, Switzerland. He said that India has a stable, reliable and investment-friendly environment for green energy by 2030.
Pralhad Joshi said India's energy transition offers global investors speed, large-scale expansion, stability and long-term returns. At a time when investors around the world are looking for safe and predictable growth opportunities, India has emerged as a strong option. According to the ministry statement, Joshi, in several sessions at Davos and in meetings with top executives of global companies, described India as one of the world's largest and investment-ready clean energy markets.
What is India's renewable energy target?
The minister said that by December 2025, India has created 267 GW of non-fossil fuel energy capacity and the country is on the right track towards achieving its clean energy targets by 2030. India has set a target of achieving 500 GW renewable energy capacity by the end of this decade.
This discussion took place on the energy sector
In Davos, Union Minister Joshi offered global companies to invest in areas like green hydrogen-related infrastructure, battery storage with renewable energy and modernization of the power grid. However, he also acknowledged that there are some challenges in India's energy transition. About 43 GW of renewable capacity is still out of contract and solar-rich states like Rajasthan and Gujarat also face frequent clean energy cuts. At WEF, Pralhad Joshi also met Borge Brende, President and CEO of the World Economic Forum, and Union Minister Ashwini Vaishnav. Global cooperation, sustainable development and joint efforts in the energy sector were discussed in these meetings.
