At Davos, Minister Pralhad Joshi highlighted India’s energy growth and supply chain resilience despite global hurdles.
During the 2026 World Economic Forum Annual Meeting in Davos, Union Minister for New and Renewable Energy Pralhad Joshi stated that the primary hurdle for the global energy shift is developing infrastructure that is durable, scalable, and attractive to investors. The Minister showcased India’s success in merging large-scale projects with systemic stability, noting that the nation reached 267 GW of non-fossil fuel capacity by December 2025 and remains on schedule for its 2030 objectives.
This progress is supported by comprehensive policies, robust internal manufacturing, updated power grids, and storage technology, alongside new frameworks for nuclear and geothermal power. Joshi stressed the necessity for long-term capital, diverse financing models, and stronger cooperation between state authorities, commercial entities, and development banks to ensure a fair global transition. He observed that India has managed to quicken its economic expansion even amidst international downturns and supply chain instabilities by focusing on long-term capability and resilience.
SOURCE – BUSINESS STANDARD
