Union Minister for New and Renewable Energy Pralhad Joshi on Tuesday called on global investors to partner with India in scaling resilient and investment-ready clean energy infrastructure, speaking at the World Economic Forum (WEF) Annual Meeting 2026 in Davos.
Addressing the session “Resilient Infrastructure for Growth”, Joshi said the core challenge of the global energy transition lies not in ambition but in building infrastructure that is scalable, resilient and capable of attracting long-term capital. He highlighted India’s experience in combining scale with system resilience, noting that the country has achieved 267 GW of non-fossil fuel capacity as of December 2025 and remains on track to meet its 2030 targets.
He attributed this progress to strong policy frameworks, expansion of domestic manufacturing, grid modernisation, deployment of energy storage solutions, and emerging initiatives in geothermal and nuclear energy. Joshi emphasised the need for patient capital, blended finance models and closer collaboration among governments, private investors and multilateral development banks to enable an inclusive global energy transition.
Sustainability as an Economic Imperative
Delivering the keynote address at the roundtable “Delivering Sustainability at Scale: Pathways for Global Transformation”, Joshi said sustainability has moved from the margins to the core of economic growth. He stressed that the defining challenge of the decade is not whether countries should transition, but how sustainability can be delivered at scale, at speed and in a manner that strengthens economic competitiveness and resilience.
India’s Energy Transition Approach
Reiterating India’s commitment to achieving net-zero emissions by 2070, the Union Minister said the country’s transition is guided by the principle of Vasudhaiva Kutumbakam—One Earth, One Family, One Future. He noted that India views sustainability as a strategic transformation of the economy and society, with renewable energy forming the most reliable and affordable pathway for long-term growth.
Bilateral Meetings and International Cooperation
On the sidelines of the WEF meeting, Joshi held several high-level bilateral engagements to strengthen clean energy cooperation.
In talks with H.E. Dr. Said Mohammed Ahmed Al Saqri, Economic Advisor at the Office of the Deputy Prime Minister for Economic Affairs, Oman, discussions focused on collaboration in solar, wind, green hydrogen and energy storage, particularly in arid and desert conditions. Potential cooperation areas included joint manufacturing of solar modules and electrolysers, renewable-powered hydrogen hubs, port-based export infrastructure, and leveraging the India–Oman CEPA, the International Solar Alliance and the One Sun One World One Grid initiative.
Joshi 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 mutual trust and shared democratic values.
In another meeting with H.E. Subaih Abdul Aziz Al-Mukhaizeem, Minister of Electricity, Water and Renewable Energy of Kuwait, discussions centred on investment opportunities in India’s renewable energy sector.
Engagement with Global Investors
The Union Minister held discussions with Charles Emond, President and CEO, and Sarah Bouchard, COO of La Caisse, encouraging the scaling up of long-term climate and clean energy investments in India. He invited the group to expand its “Partner with India” initiative, aligning with La Caisse’s commitment of USD 400 billion in climate investments by 2030.
Joshi also met Juvencio Maeztu, CEO and President of Ingka Group (IKEA), which expressed interest in entering India’s renewable energy sector, particularly solar, wind and hybrid projects. He encouraged the group to scale its engagement, citing India’s stable policies and investment-friendly ecosystem.
India Pavilion at WEF 2026
Joshi attended the inauguration of the India Pavilion at WEF 2026 alongside Union Ministers and Chief Ministers, including Andhra Pradesh Chief Minister N. Chandrababu Naidu and Assam Chief Minister Himanta Biswa Sarma. During the event, he launched a Green Investment Handbook titled “The India Story.”
The Pavilion showcases India as a reliable and future-ready destination for global investment, highlighting policy stability, reform-led growth and opportunities across manufacturing, infrastructure, renewable energy, technology and innovation, aligned with the vision of Viksit Bharat 2047.
India as a Trusted Investment Destination
Concluding his engagements, Joshi said India has continued to accelerate growth even amid global slowdowns and supply-chain disruptions by building long-term resilience. Under the leadership of Prime Minister Narendra Modi, he added, India is emerging as a trusted global partner offering policy certainty, stable returns and sustained opportunities for clean energy investment.
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