New Delhi: Santosh Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE), on Friday reaffirmed India’s commitment to achieving 500 GW of non-fossil fuel capacity.
He was speaking at a roundtable on “Unlocking Financing Pathways for India’s Net-Zero Energy Transition: Strategies for Industry-Finance Collaboration.”
The event was organised in collaboration with the US-India Strategic Partnership Forum at Atal Akshay Urja Bhawan, New Delhi, the MNRE said in a post on X.
Sarangi highlighted the importance of greater industry involvement and strong financing frameworks to drive India’s clean energy transition.
Participants from the industry shared perspectives on improving coordination between businesses and financial institutions. They emphasised the need for innovative financing tools, streamlined processes, and better access to capital to accelerate investments.
The discussion also explored ways to mobilise domestic capital, strengthen investor confidence and develop scalable funding models to ensure faster and more efficient investment in the renewable energy sector.
