Foreign Investment in the Power Sector May Rise: Here Is How It Will Be Transformed..

The country's power sector is poised for rapid growth in the coming days. To facilitate this, Prime Minister Narendra Modi himself has called upon foreign investors to invest capital in this sector. On Thursday, PM Modi invited global investors to invest in the power sector and extended an invitation to them to "build, invest, innovate, and expand" in India.

In a written message read out by Union Power Secretary Pankaj Agarwal at the India Electricity Summit 2026, the Prime Minister stated that, as the world's fastest-growing major economy, India stands at a pivotal juncture in its energy journey.

Global Investors Invited
PM Modi remarked, "I invite the global community to build in India, innovate in India, invest in India, and grow with India." He added, "I am confident that this summit will foster fruitful discussions and long-term partnerships to accelerate India's growth." Narendra Modi stated that the objective of this summit is to bring the entire electricity and energy ecosystem onto a single platform, thereby facilitating the exchange of ideas, enhancing collaboration, and forging a shared path to accelerate development and improve the living standards of the people.

Target for 2030
He noted that this initiative reflects our collective resolve to link development with electrification, ensure sustainability, and connect globally, while also advancing the goal of a 'Developed India' (Viksit Bharat) by 2047. "India stands at a pivotal juncture in its energy journey. As the world's fastest-growing major economy, we are strengthening our infrastructure and ensuring reliable energy access for all," he said. He further added, "Our progress in renewable energy stands as a testament to this commitment. We have already achieved over 50 percent non-fossil fuel-based capacity, and a clear target has been set to reach 500 GW by 2030."

He also highlighted that the 'Peace Act 2025' opens up new opportunities in the field of nuclear energy, while the 'PM-Surya Ghar Muft Bijli Yojana' (PM Solar Home Free Electricity Scheme) is promoting decentralized power generation and sustainable energy usage. In his written message, the Prime Minister stated that both reforms and improvements in distribution are equally essential for reducing AT&C losses and strengthening the financial position in 2024–25. This signals a more efficient and sustainable sector, presenting numerous opportunities across the entire ecosystem—a factor that makes India an attractive destination for large-scale investment.

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