New Delhi, 20.06.2025: India is now one of the top countries in the world investing in clean energy, says a new report by the International Energy Agency (IEA). In the last five years, India has put a lot of money into clean energy, especially solar power.
In 2024, 83% of all money spent in India’s power sector went into clean energy projects. More than half of this was used for solar power projects. The report also says India got around USD 2.4 billion from global development banks to support clean energy projects.
Foreign companies are also showing strong interest. In 2023, foreign direct investment (FDI) in India’s power sector reached USD 5 billion—almost double the amount before the COVID-19 pandemic. This is thanks to Indian government policies that allow 100% foreign investment in electricity generation and transmission, except for nuclear power.
Even though some foreign investors in the stock market have pulled back recently due to global and local challenges, long-term investment interest in India’s clean energy remains strong.
Overall, India is not only meeting its growing power needs but also moving fast towards a cleaner and greener future.