Long-term policy clarity, particularly for hybrid renewable energy, alongside accelerated technology adoption and incentive-led domestic manufacturing, will be critical for India to achieve its renewable energy and decarbonisation goals, industry experts said.

Piyush Goyal, Chief Executive Officer and Co-founder of Volks Energie, said several focus areas are essential not only to meet climate commitments but also to support industrial growth, strengthen energy security and ensure affordable power for consumers. He stressed that accelerating grid upgrades and energy storage adoption must be treated as national priorities, as India’s future energy mix depends on both. Goyal also highlighted the need to incentivise domestic manufacturing of inverters, batteries and other critical components to reduce import dependence and build resilient supply chains.

Manish Dabkara, Chairman and Managing Director of EKI Energy Services, said emerging technologies such as green hydrogen, advanced energy storage chemistries and smart grid systems can help address intermittency and flexibility challenges. He added that stable, long-term policy frameworks for hybrid renewables, offshore wind and green hydrogen will be vital in attracting sustained private and global capital.

Gaurav Moda, Partner and Energy Sector Leader at EY-Parthenon India, said the energy transition is entering a more integrated and commercially grounded phase. He noted that accelerated renewable deployment, efficiency-led decarbonisation and digital adoption are already delivering measurable returns, while renewed momentum in nuclear energy further supports a diversified transition pathway. Moda added that artificial intelligence is rapidly democratising technology adoption across the energy value chain, with global energy majors unlocking 1–1.5 per cent incremental EBITDA through improved decision-making and operational optimisation. As a result, the focus is shifting from technology deployment to measurable value realisation.

Ankit Jain, Vice President and Co-Group Head, Corporate Ratings at ICRA Limited, pointed out that renewable energy bidding activity slowed in the first eight months of FY26, with only 8.6 GW auctioned, largely due to delays in signing power purchase and sale agreements. He said strengthening transmission infrastructure remains critical to sustaining capacity expansion. Grid curtailments during peak renewable generation hours underline the urgent need for storage solutions and grid reinforcement, which will remain key monitorables in FY27.

Amit Rautela, Chief Financial Officer of Meja Urja Nigam Private Limited, said India crossed a major milestone as of September 30, 2025, with total installed power capacity reaching 500.89 GW. Of this, 256.09 GW, or 51 per cent, is from non-fossil sources, while 244.80 GW, or 49 per cent, is from fossil fuels. He added that this rapid scale-up, combined with historically low renewable tariffs, demonstrates that India’s energy transition is increasingly cost-competitive and financially credible, supporting the country’s long-term net-zero ambitions.