India is set to recalibrate its capital expenditure (capex) priorities, with a significant focus on energy infrastructure from FY25 to FY30, according to a recent report. The shift aims to bolster the country’s renewable energy capacity, modernize power grids, and enhance energy security to support long-term economic growth.
The report highlights that the government plans to increase investment in solar, wind, and hydroelectric projects while strengthening transmission networks to accommodate rising power demands. Additionally, substantial funding will be allocated to battery storage solutions and green hydrogen initiatives, aligning with India’s goal of achieving net-zero emissions by 2070.
Public sector enterprises and private investors are expected to play a key role in driving this transformation, with policy reforms and incentives encouraging greater participation. The move is anticipated to reduce reliance on fossil fuels, lower carbon emissions, and enhance energy accessibility across urban and rural areas.
Experts believe that this capex realignment will not only accelerate India’s transition to clean energy but also create employment opportunities, stimulate industrial growth, and position the country as a global leader in sustainable energy solutions.