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New Delhi: Prime Minister Narendra Modi on Thursday invited global investors to invest in India’s power sector, urging them to “make, invest, innovate, and scale”.

Addressing the Bharat Electricity Summit 2026, PM Modi’s written message was read out by Union Power Secretary Pankaj Agarwal. The PM said India stands at a defining moment in its energy journey as the world’s fastest-growing major economy.

“I invite the global community to make in India, innovate in India, invest in India, and scale with India. I’m confident this summit will catalyse meaningful dialogue and enduring partnerships to power India’s growth,” Modi said.

“It reflects our collective resolve of electrifying growth and bringing sustainability, connecting globally, and advances India’s vision of a Viksit Bharat by 2047,” he stated.

Highlighting India’s achievements, PM Modi said counytry has made immense progress in renewable energy. Over 50 per cent non-fossil fuel capacity has already been achieved, with a clear pathway to 500 gigawatt by 2030, he said.

PM Modi mentioned The SHANTI Act 2025 and PM Surya Ghar Muft Bijli Yojana, saying the first one is aimed at enhancing nuclear energy, while the latter is aimed at distributing generation and sustainable consumption.

The prime minister said India is evolving into a reliable energy partner in building resilient supply chains, advancing battery manufacturing, creating green jobs, and enabling investments through bold reforms.

India needs USD 2 trn investment in power sector over next 2 decades

Meanwhile, the Union Power Secretary said India will require investment of about USD 2.2 trillion in the power sector over the next two decades. He informed that the country has set a target of 500 GW of renewable energy by 2030.

Speaking at the same event, Union Power Minister Manohar Lal said India is planning to implement an under-sea power transmission cable network with the UAE.

With PTI inputs