Page 67 - Policy & Economic Report - July 2025

July 2026 POLICY AND ECONOMIC
ROEILPO&RGTAS MARKET

Renewable Energy and Consumer Affairs, Food and Public Distribution, while addressing the Curtain
Raiser of the BRE Summit & Expo 2026.

In his keynote address, Shri Pralhad Joshi said that the BRE Summit & Expo 2026 will, for the first time,
bring together three major renewable energy events under one platform—BRE Summit & Expo 2026,
the 9th Session of the International Solar Alliance (ISA) Assembly, and the 4th International
Conference on Green Hydrogen (ICGH). Shri Joshi further informed that the Prime Minister has agreed
to inaugurate BRE Summit & Expo 2026. He said the Prime Minister's presence reflects India's
commitment to renewable energy as a key pillar of Viksit Bharat and its contribution to global
sustainable development.

Shri Joshi further stated that the Summit will bring together leading renewable energy developers,
technology companies, manufacturers, battery storage firms, green hydrogen pioneers, financial
institutions, international organisations, and investors, ensuring representation of the entire
renewable energy value chain under one roof. He added that the Summit has also been designed with
a truly global outlook. Invitations have been extended to 34 countries for the BRE Summit & Expo,
while the International Solar Alliance has invited 128 countries for the Assembly.

Shri Joshi emphasized that India’s credibility on the global stage is built on its strong track record of
delivery, which has enabled it to convene the global renewable energy community. He further stated
that India will soon cross the landmark of 300 GW of installed non-fossil fuel capacity. He also
informed that the PM Surya Ghar: Muft Bijli Yojana is expected to cross 50 lakh beneficiary households
in the coming weeks.

During the Curtain Raiser, Shri Joshi also unveiled the official logo of BRE Summit & Expo 2026, ‘URJHA
Chakra’, and launched the official digital portal and mobile application for the Summit.

Shri Shripad Yesso Naik, Minister of State for Power and New and Renewable Energy, highlighted that
India's renewable energy transition is being driven by the collective efforts of States across the
country. He noted that while Rajasthan is harnessing its vast solar resources and Gujarat is developing
the world's largest hybrid renewable energy park at Khavda, several other States are advancing
hydropower, floating solar, biomass and decentralised renewable energy, reflecting the spirit of
cooperative and competitive federalism.

Shri Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy, said that India's
renewable energy transformation has been built on four key pillars—policy stability, market creation,
ecosystem development and transmission infrastructure. He said the next phase of the energy
transition will focus on strengthening system capabilities through hybrid renewable energy projects,
battery energy storage systems, floating solar, agrivoltaics and the National Green Hydrogen Mission.
He added that Bharat Renewable Energy Summit & Expo (BRE Summit & Expo) 2026 will provide a
common platform for governments, industry, investors, innovators and international partners to
accelerate investments, technology partnerships and collaboration in clean energy.

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