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POLICY AND ECONOMIC REPORT
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15. India Emerges as Global Renewable Energy Leader Backed by Strong Policy Ecosystem: Secretary,
Ministry of New & Renewable Energy
The Ministry of New & Renewable Energy co-organised a panel discussion on “Energy Security through
Renewable Energies” under the 10th edition of the Green and Sustainable Development Partnership
(GSDP) Conversation Series.
The panel discussion featured Shri Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable
Energy (MNRE), H.E. Dr. Philipp Ackermann, Ambassador of Germany to India and Bhutan, Ms Vaishali
Nigam Sinha, Co-founder and Chairperson of Sustainability, ReNew and Ms. Aparna Roy, Fellow and Lead,
Climate Change and Energy, Observer Research Foundation (ORF) The discussion was moderated by Ms.
Shreya Jai, Energy Lead, Climate Trends.
In his keynote address, Secretary, MNRE highlighted India’s remarkable Renewable Energy journey over
the past decade, which has positioned the country as one of the global leaders. He attributed this progress
to a robust and enabling policy ecosystem comprising Renewable Purchase Obligation (RPO)/ Renewable
Consumption Obligation (RCO), Standard Bidding Guidelines for tariff based competitive bidding process
for procurement of Power from Grid Connected Solar, Wind, Wind-Solar Hybrid and Firm & Dispatchable
Renewable Energy, permitting up to 100 % Foreign Direct Investment under the automatic route, targeted
measures to strengthen domestic manufacturing through initiatives such as the Production Linked
Incentive (PLI) Scheme and the Approved List of Models and Manufacturers (ALMM),etc.
He further noted that flagship programmes such as PM Surya Ghar: Muft Bijli Yojana and PM-KUSUM have
brought states, households and farmers to the forefront of India’s renewable energy transition, while
upcoming interventions such as Agri-PV and floating solar are expected to unlock new avenues for clean
energy deployment.
Highlighting the strategic importance of the National Green Hydrogen Mission, he noted its potential to
reduce India’s dependence on imported fossil fuels, while creating new opportunities for industrial
decarbonisation and energy security. Looking ahead, he emphasized that grid modernisation, accurate
forecasting and scheduling, circular economy approaches for clean energy technologies, and enhanced
mobilisation of climate finance will be critical for building a resilient, secure and future-ready renewable
energy ecosystem.
Speaking during the panel discussion, Secretary, MNRE highlighted that the Government’s policy
interventions have been carefully designed to make India’s renewable energy growth story increasingly
market-driven. Secretary, MNRE further underscored the importance of initiatives such as the Production
Linked Incentive (PLI) Schemes, which are fostering indigenous manufacturing capacities, enhancing self-
reliance, and supporting the development of a robust Renewable Energy ecosystem.
H.E. Ambassador Dr. Philipp Ackermann highlighted that India and Germany share a vital, common
aspiration to achieve energy security, particularly in light of today's complex geopolitical landscape. He
emphasized that true self-reliance can be unlocked through strong bilateral partnerships, noting that
India's massive scale and dynamic private sector offer immense opportunities to deepen relations.
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