Empowering India: A New Era for Global Investment in the Power Sector

Prime Minister Narendra Modi has called on global investors to participate in India's power sector, emphasizing innovation, investment, and growth. At the Bharat Electricity Summit 2026, he highlighted India's potential as a major economy and its commitment to sustainable energy and global cooperation through initiatives like 'One Sun, One World, One Grid.'

In a significant move aimed at transforming India's power sector, Prime Minister Narendra Modi has extended an invitation to global investors, encouraging them to invest, innovate, and scale with India's burgeoning energy industry. The remarks, delivered at the Bharat Electricity Summit 2026, underscore India's strategic position as the world's fastest-growing major economy.

Modi's message, read out by Union Power Secretary Pankaj Agarwal, emphasized the strategic importance of the summit as a platform to foster international collaboration and innovation in the energy sector. The Prime Minister highlighted India's renewable energy advancements, with over 50% non-fossil fuel capacity achieved, and a target of 500 gigawatts by 2030.

Additionally, Modi highlighted initiatives such as 'One Sun, One World, One Grid' and the SHANTI Act 2025 as key elements in establishing India as a resilient energy partner. These efforts, coupled with reforms like the PM Surya Ghar Muft Bijli Yojana, aim to reduce losses, improve finances, and create green jobs, making India an attractive investment destination.

(With inputs from agencies.)