Prime Minister Narendra Modi on Monday inaugurated the four-day Bharat Renewable Energy Summit and Expo 2026 at Bharat Mandapam in New Delhi. The summit is being organised by the Ministry of New and Renewable Energy with the theme of Invest. Innovate. Inspire.Addressing the gathering, Modi said, the global economy has witnessed unprecedented crises over the past few years, ranging from the COVID-19 pandemic to the West Asia crisis. He noted that the West Asia crisis is still continuing. The Prime Minister said that it is a matter of pride for 140 crore Indians that the country has so far managed these global challenges effectively. Modi added that despite this crisis, India has sustained high growth.
On the occasion, New and Renewable Energy Pralhad Joshi said that the renewable energy sector has attracted investments worth 67 billion dollars during the past two years. He said, under the guidance of Prime Minister Modi, India’s non-fossil fuel-based installed capacity has crossed 310 gigawatts, compared to 200 gigawatts in September 2024. Mr Joshi added that Foreign Direct Investment in the sector has also reached 6.2 billion dollars, reflecting strong investor confidence in the sector.
Participants from more than 130 countries, including over 40 ministers, are attending the summit. It has brought together policymakers, investors, financial institutions and industry leaders to promote clean energy investments, technological innovation and international partnerships. In this summit, Australia, Denmark, the European Union, France, Germany, Netherlands, Norway, Sweden and the United Kingdom is participating as country partners. Thirteen States and Union Territories are showcasing their renewable energy potential, investment opportunities and manufacturing capabilities.
Newsinc24 Team
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