PM Invites Global Investors to Invest in Power Sector

New Delhi: Prime Minister Narendra Modi on Thursday invited global investors to invest in the energy sector, encouraging them to “build, invest, innovate and scale” in India. In a written message read by Union Energy Secretary Pankaj Aggarwal at the 2026 Bharat Electricity Summit, Modi said India is at a decisive moment in its energy journey as the world’s fastest growing major economy.

“I urge the global community to manufacture in India, innovate in India, invest in India and scale with India. I am confident that this summit will catalyze meaningful dialogue and lasting partnerships that will power India’s growth,” Modi said. he said.

Modi said the summit aims to unite the entire power and energy ecosystem on a single platform to exchange ideas, promote cooperation and chart a common path to strengthen growth and improve lives.

“This reflects our collective commitment to electrifying growth and ensuring sustainability, connecting globally, and advancing India’s vision of Viksit Bharat by 2047,” he said.

He stated that India has made a decisive move in its energy journey, as the fastest growing major economy, we are strengthening infrastructure and ensuring reliable energy access for all.

Our progress in renewable energy is a testament to this determination. He noted that more than 50 percent of non-fossil fuel capacity has already been achieved, with a clear path to 500 gigawatts by 2030.

He stated that initiatives such as one sun, one world, one grid emphasize our vision of global cooperation.

Modi added that India has evolved into a reliable energy partner in building resilient supply chains, improving battery manufacturing, creating green jobs and enabling investments through bold reforms.

While the SHANTI Act 2025 opens new frontiers in nuclear energy, Prime Minister Surya Ghar Mufti Bijli Yojana also promotes distributed generation and sustainable consumption, he said.

In his written message, the Prime Minister said reforms and distribution are equally important in reducing AT&C losses and improving financing in 2024-25, signaling a more efficient and sustainable sector with ample opportunities in the value chain, making India an attractive target for investing at weight and scale.

The four-day Bharat Electricity Summit 2026 began on Thursday.