Bank of Baroda Hosts Clean Energy Summit 2026 to Accelerate India’s Green Growth
Industry leaders, investors and policymakers converge in Mumbai to discuss scalable renewable energy solutions and green financing strategies
Bank of Baroda, India’s International Bank, hosted the Clean Energy Summit 2026 in Mumbai, bringing together key stakeholders from across the renewable energy and financial ecosystem to deliberate on the future of sustainable power and green financing. The summit, themed “Powering India’s Green Growth”, focused on accelerating progress towards India’s 2030 renewable energy targets.
The high-level summit witnessed participation from over 125 delegates, including renewable energy developers, corporates, global and domestic investors, rating agencies, financial institutions and policy experts. With India advancing steadily toward its long-term climate commitments and energy security goals, the event provided a timely platform to discuss scalable, bankable and future-ready renewable energy solutions.
Addressing the gathering, Dr. Debadatta Chand, Managing Director & CEO, Bank of Baroda, said that India’s clean energy transition represents one of the most significant investment opportunities of this decade. He emphasised that Bank of Baroda remains committed to 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,” he said, adding that the Bank’s focus is on building a resilient green financing ecosystem supported by strong risk discipline.
Lalit Tyagi, Executive Director, Bank of Baroda, stated that renewable energy is no longer an alternative source of power but central to India’s economic and environmental future. Highlighting the vision of Viksit Bharat, he said long-term and stable financing will form the backbone of India’s energy transition. He reaffirmed the Bank’s commitment to supporting clean energy across solar, wind, hydro, nuclear, hybrid and round-the-clock renewable projects, ensuring that green ambitions translate into bankable and scalable outcomes.
The summit featured focused panel discussions on “Scaling Renewables and Financing the Transition”. A panel on building scalable, bankable and future-ready renewable platforms saw participation from senior leaders of Adani Green Energy, JSW Energy, Tata Power Renewable Energy, CleanMax Enviro Energy Solutions and Hinduja Renewables Energy. The discussion explored the shift from megawatt-scale projects to gigawatt-scale platforms, evolving revenue models beyond traditional power purchase agreements (PPAs), and the integration of storage and hybrid technologies. Panelists also examined execution risks, balance-sheet management, governance challenges at scale and preparedness for emerging segments such as green hydrogen, offshore wind and floating solar.
A sector outlook presentation by CARE Ratings provided insights into renewable capacity growth trends, capital requirements and key risk factors influencing India’s renewable energy sector.
Another panel discussion on “Financing the Green Transition: Opportunities, Risks & Innovations in Green Banking” brought together senior leaders from NaBFID, IIFCL, India Infradebt, MUFG and CareEdge Ratings. The discussions focused on evolving bankability standards, offtaker risk assessment, payment security mechanisms, longer-tenor debt structures, refinancing strategies and the increasing role of green bonds and blended finance in mobilising capital for clean energy projects.
The Clean Energy Summit 2026 reinforced Bank of Baroda’s role as a key financial partner in India’s clean energy journey, fostering collaboration across stakeholders to support sustainable growth and strengthen the country’s green financing ecosystem.
