Bank of Baroda, India’s International Bank, hosted the Clean Energy Summit 2026 in Mumbai, bringing together key stakeholders from across India’s renewable energy ecosystem to deliberate on the future of sustainable power and green financing and ways to further accelerate progress towards India’s 2030 renewable energy targets. The Summit, themed “Powering India’s Green Growth”, witnessed participation from over 125 delegates, including renewable energy developers, corporates, global and domestic investors, rating agencies, financial institutions and policy experts.
With India steadily advancing toward its long-term climate commitments and energy security goals, the summit served as a timely platform to discuss scalable, bankable and future-ready renewable energy solutions. High-level discussions focused on growth opportunities, innovation, risk management and capital mobilisation in the renewables sector.
Speaking on the occasion, Dr. Debadatta Chand, Managing Director & CEO, Bank of Baroda said, “India’s clean energy transition represents one of the most significant investment opportunities of this decade. Bank of Baroda is proud to play a catalytic role in this journey by 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. Our focus remains on building a resilient green financing ecosystem that supports innovation while maintaining strong risk discipline.”
Shri Lalit Tyagi, Executive Director, Bank of Baroda said, “Renewable Energy is no longer an alternative source of power – it is central to India’s economic and environmental future. As the country advances towards the vision of Viksit Bharat, long-term and stable financing will be the backbone of this transition. Bank of Baroda remains committed to supporting clean energy across solar, wind, hydro, nuclear, hybrid and round-the-clock renewable projects, ensuring that India’s green ambitions translate into bankable and scalable realities.”
Panel Discussions at the Clean Energy Summit 2026 focused on Scaling Renewables and Financing the Transition:
In the panel discussion on “Building Scalable, Bankable & Future-Ready Renewable Companies and Platforms”, business leaders from leading renewable energy companies including Adani Green Energy, JSW Energy, Tata Power Renewable Energy, CleanMax Enviro Energy Solutions and Hinduja Renewables Energy deliberated on the shift from megawatt-scale projects to gigawatt-scale platforms, evolving revenue models beyond traditional PPAs, and the integration of storage and hybrid technologies. The panel also examined execution risks, balance-sheet management, governance at scale and readiness for emerging segments such as green hydrogen, offshore wind and floating solar.
A sector outlook presentation by CARE Ratings provided insights into capacity growth trends, capital requirements and key risk factors shaping India’s renewable energy industry.
The panel discussion on financing, themed “Financing the Green Transition: Opportunities, Risks & Innovations in Green Banking” brought together senior leaders from NaBFID, IIFCL, India Infradebt, MUFG and CareEdge Ratings. Discussions centred on evolving bankability standards, offtaker risk assessment, payment security mechanisms, longer-tenor debt, refinancing strategies, and the growing role of green bonds and blended finance in mobilising capital for clean energy projects.
About Bank of Baroda
Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of over ~180 million through around 65,000 touch points spread across 15 countries in five continents and through its various digital banking platforms, which provide all banking products and services in a seamless and hassle-free manner. The Bank’s vision matches the aspirations of its diverse clientele base and seeks to instil a sense of trust and security in all their dealings with the Bank.
