India’s renewable energy push is not merely about hitting a 500-gigawatt capacity target, but about transforming the entire power system, according to Pralhad Joshi, Union Minister for New and Renewable Energy. Speaking at BT Davos 2026, Joshi explains how India is investing over ₹3 lakh crore in grid modernisation, energy storage and AI-driven monitoring to ensure grid stability, reliability and energy security. In conversation with Siddharth Zarabi, Group Editor, Business Today, and Rajdeep Sardesai, Consulting Editor, India Today TV, the minister outlines how decentralised renewable schemes, real-time data and advanced technology are being integrated to support a rapidly growing economy. With energy demand rising across manufacturing and industry, Joshi stresses that India’s transition is being carefully planned—focused on affordability, reliability and long-term sustainability rather than ad-hoc capacity additions.
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