Bank Of Baroda Hosts Clean Energy Summit 2026 In Mumbai, Driving Dialogue On India’s Green Growth And Renewable Financing

Bank of Baroda, India’s International Bank, hosted the Clean Energy Summit 2026 in Mumbai, bringing together key stakeholders from across India’s renewable energy ecosystem to discuss the future of sustainable power, green financing, and strategies to accelerate progress toward India’s 2030 renewable energy targets. The summit, themed “Powering India’s Green Growth,” saw participation from over 125 delegates, including renewable energy developers, corporates, domestic and international investors, rating agencies, financial institutions, and policy experts.

With India making steady progress toward its climate commitments and energy security goals, the summit provided a timely platform to explore scalable, bankable, and future-ready renewable energy solutions. High-level discussions focused on growth opportunities, innovation, risk management, and capital mobilisation in the renewable energy sector, highlighting the crucial role of finance in supporting India’s energy transition.

Speaking at the event, Dr. Debadatta Chand, Managing Director and CEO of Bank of Baroda, emphasized the scale and importance of India’s clean energy transition, calling it “one of the most significant investment opportunities of this decade.” He noted that Bank of Baroda is committed to playing a catalytic role by aligning capital with climate responsibility. Dr. Chand highlighted the need for large-scale capital mobilisation, innovative financing structures, and close collaboration among policymakers, developers, and financial institutions to ensure sustainable and financially sound growth. “Our focus remains on building a resilient green financing ecosystem that supports innovation while maintaining strong risk discipline,” he added.

Shri Lalit Tyagi, Executive Director of Bank of Baroda, underlined the centrality of renewable energy to India’s economic and environmental future. He stated that as India advances toward the vision of Viksit Bharat, long-term and stable financing will form the backbone of the energy transition. Bank of Baroda remains committed to supporting clean energy across solar, wind, hydro, nuclear, hybrid, and round-the-clock renewable projects, ensuring that India’s green ambitions translate into bankable and scalable realities.

The summit featured focused panel discussions on scaling renewables and financing the transition. In the panel on “Building Scalable, Bankable & Future-Ready Renewable Companies and Platforms,” leaders from Adani Green Energy, JSW Energy, Tata Power Renewable Energy, CleanMax Enviro Energy Solutions, and Hinduja Renewables Energy deliberated on the evolution from megawatt-scale projects to gigawatt-scale platforms, revenue models beyond traditional PPAs, and the integration of storage and hybrid technologies. The panel also examined execution risks, balance-sheet management, governance at scale, and readiness for emerging segments such as green hydrogen, offshore wind, and floating solar.

A sector outlook presentation by CARE Ratings provided insights into capacity growth trends, capital requirements, and key risk factors shaping India’s renewable energy landscape. In the panel discussion on financing, titled “Financing the Green Transition: Opportunities, Risks & Innovations in Green Banking,” senior representatives from NaBFID, IIFCL, India Infradebt, MUFG, and CareEdge Ratings discussed evolving bankability standards, offtaker risk assessment, payment security mechanisms, longer-tenor debt, refinancing strategies, and the increasing role of green bonds and blended finance in mobilising capital for clean energy projects. The Clean Energy Summit 2026 highlighted the critical intersection of finance, technology, and policy in driving India’s renewable energy ambitions, demonstrating Bank of Baroda’s leadership in building a robust, sustainable, and future-ready green financing ecosystem.