Union Minister for New and Renewable Energy Pralhad Joshi engaged in discussions at the World Economic Forum Annual Meeting 2026 in Davos, emphasizing India’s role in promoting a global energy transition. Joshi, along with other officials, highlighted the importance of international cooperation in addressing economic and developmental challenges. They also discussed the significance of multilateral platforms like the World Economic Forum in fostering global consensus.
At a roundtable session, Joshi shared India’s achievements in expanding renewable energy solutions, focusing on rooftop and agricultural initiatives. He underscored the success of programs like PM Surya Ghar Muft Bijli Yojana and PM-KUSUM in enhancing clean energy accessibility and reducing costs. Joshi also emphasized the benefits of decentralized renewable energy systems in improving reliability in remote areas.
During a session on energy transition, Joshi, alongside Madhya Pradesh Chief Minister Mohan Yadav, highlighted India’s leadership in renewable energy adoption. He pointed out that effective execution, rather than ambition or capital, is the current challenge in global energy transition. Joshi emphasized that India’s state-level renewable energy initiatives offer valuable insights for the world.
In discussions with Guillaume Vermersch of Mercuria Group, Joshi explored opportunities for collaboration in India’s clean energy sector. He welcomed Mercuria Group’s commitment to invest in green energy and discussed areas like renewable energy scaling and climate finance. Joshi noted India’s progress in renewable energy, with significant declines in solar tariffs and the country’s competitiveness in green hydrogen and ammonia prices.
Joshi also delivered a keynote address on AI for energy at the World Economic Forum, highlighting India’s energy transition journey and the potential of Artificial Intelligence in enhancing the sector’s efficiency and reliability.
