Drives
Sustainable Energy dialogue with leaders from across the renewable energy and
finance ecosystem
Mumbai : Bank of Baroda, India’s
International Bank, hosted the Clean
Energy Summit 2026 in Mumbai, bringing together key stakeholders from across
India’s renewable energy ecosystem to deliberate on the future of sustainable
power and green financing and ways to further accelerate progress towards
India’s 2030 renewable energy targets. The Summit, themed “Powering India’s Green Growth”, witnessed participation from over
125 delegates, including renewable energy developers, corporates, global and
domestic investors, rating agencies, financial institutions and policy experts.
With
India steadily advancing toward its long-term climate commitments and energy
security goals, the summit served as a timely platform to discuss scalable,
bankable and future-ready renewable energy solutions. High-level discussions
focused on growth opportunities, innovation, risk management and capital
mobilisation in the renewables sector.
Speaking
on the occasion, Dr. Debadatta Chand, Managing Director & CEO, Bank of
Baroda said, “India’s clean energy
transition represents one of the most significant investment opportunities of
this decade. Bank of Baroda is proud to play a catalytic role in this journey
by aligning capital with climate responsibility. India’s renewable energy expansion
will require large-scale capital mobilisation, innovative financing structures
and close collaboration among policymakers, developers and financial
institutions to ensure that growth is both sustainable and financially sound. Our
focus remains on building a resilient green financing ecosystem that supports
innovation while maintaining strong risk discipline.”
Shri Lalit Tyagi, Executive Director, Bank of
Baroda said, “Renewable
Energy is no longer an alternative source of power - it is central to India’s
economic and environmental future. As the country advances towards the vision
of Viksit Bharat, long-term and stable financing will be the backbone of this
transition. Bank of Baroda remains committed to supporting clean energy across
solar, wind, hydro, nuclear, hybrid and round-the-clock renewable projects,
ensuring that India’s green ambitions translate into bankable and scalable
realities.”
Panel
Discussions at the Clean Energy Summit 2026 focused on Scaling Renewables and
Financing the Transition:
In the panel discussion on “Building
Scalable, Bankable & Future-Ready Renewable Companies and Platforms”,
business leaders from leading renewable energy companies including Adani Green
Energy, JSW Energy, Tata Power Renewable Energy, CleanMax Enviro Energy
Solutions and Hinduja Renewables Energy deliberated on the shift from
megawatt-scale projects to gigawatt-scale platforms, evolving revenue models
beyond traditional PPAs, and the integration of storage and hybrid
technologies. The panel also examined execution risks, balance-sheet
management, governance at scale and readiness for emerging segments such as
green hydrogen, offshore wind and floating solar.
A sector outlook presentation by CARE Ratings provided insights
into capacity growth trends, capital requirements and key risk factors shaping
India’s renewable energy industry.
The panel discussion on financing, themed “Financing the Green Transition: Opportunities, Risks & Innovations
in Green Banking” brought together senior leaders from NaBFID, IIFCL, India
Infradebt, MUFG and CareEdge Ratings. Discussions centred on evolving
bankability standards, offtaker risk assessment, payment security mechanisms,
longer-tenor debt, refinancing strategies, and the growing role of green bonds
and blended finance in mobilising capital for clean energy projects.