At the World Economic Forum Annual Meeting 2026 in Davos, Union Minister for New and Renewable Energy Pralhad Joshi underscored that the real challenge of the global energy transition lies in building infrastructure that is resilient, scalable and investment-ready.
Speaking at the session “Resilient Infrastructure for Growth”, the Union Minister highlighted India’s experience of combining scale with system resilience, noting that under the leadership of Prime Minister Narendra Modi, the country has achieved 267 GW of non-fossil fuel capacity as of December 2025 – and is firmly on track to meet its 2030 targets. This is backed by robust policies, strong domestic manufacturing, grid modernisation, energy storage solutions and emerging frameworks for geothermal and nuclear energy. He emphasised the need for patient capital, blended finance and deeper collaboration among governments, the private sector and multilateral development banks to enable a sustainable and inclusive global energy transition.
He also delivered the keynote address at the roundtable “Delivering Sustainability at Scale: Pathways for Global Transformation” in Davos, sharing India’s perspective on how sustainability has moved to the core of economic growth and development. Joshi underlined that sustainability is no longer a peripheral concern but a central driver of competitiveness, resilience and long-term growth.
He emphasised that the defining challenge of this decade is not whether the world should transition, but how sustainability can be delivered at scale, at speed and in an economically strengthening manner.
The Union Minister reiterated India’s commitment to achieving net-zero emissions by 2070, stressing that the country’s approach is guided by the principle of Vasudhaiva Kutumbakam – One Earth, One Family, One Future.
