India unveiled investment opportunities surpassing $1 billion in clean energy by 2030 at the recently concluded Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Singapore.
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India's Commerce Secretary Sunil Barthwal stated that the country offers investment opportunities exceeding $1 billion in the clean energy space by 2030 at the recent Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Singapore. The meeting drew top investors and clean economy companies to attract investments into sustainable infrastructure and renewable energy projects.
The 14-member IPEF bloc, jointly launched by the US and Indo-Pacific partner countries, represents 40% of the world’s economic output and 28% of trade. The framework focuses on trade, supply chains, a clean economy, and a fair economy, with India participating in all pillars except trade.
During the first IPEF Clean Economy Investor Forum, Barthwal acknowledged the forum as a unique platform that brings together global investors, policymakers, and academia, promoting a sense of collective responsibility and a shared vision for advancing sustainable infrastructure in the Indo-Pacific Region.
Throughout the two-day event, more than 300 participants from financial institutions, multilateral development banks, venture capital funds, project owners, entrepreneurs, and government agencies from IPEF partners actively took part in the sustainable infrastructure and climate tech engagement tracks.
In the sustainable infrastructure track, after the screening, four companies from India were shortlisted for pitching their concepts on energy transition, transport and logistics, and waste management/waste to energy to global investors.
Similarly, in the climate tech track, 10 Indian startups and companies were selected to pitch their innovative ideas, technologies and solutions that contribute to mitigating or adapting to climate change.
The ministry announced that the forum resulted in $ 23 billion in investment opportunities for sustainable infrastructure projects in the Indo-Pacific, with a potential of over $Commerce Secretary Sunil Barthwal stated that India offers investment opportunities exceeding $1 billion in the clean energy space by 2030 at the recent Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Singapore. The meeting drew top investors and clean economy companies to attract investments into sustainable infrastructure and renewable energy projects.
The 14-member IPEF bloc, jointly launched by the US and Indo-Pacific partner countries, represents 40% of the world’s economic output and 28% of trade. The framework focuses on trade, supply chains, a clean economy, and a fair economy, with India participating in all pillars except trade.
During the first IPEF Clean Economy Investor Forum, Barthwal acknowledged the forum as a unique platform that brings together global investors, policymakers, and academia, promoting a feeling of collective responsibility and a shared vision for advancing sustainable infrastructure in the Indo-Pacific Region.
Throughout the two-day event, more than 300 participants from financial institutions, multilateral development banks, venture capital funds, project owners, entrepreneurs, and government agencies from IPEF partners actively took part in the sustainable infrastructure and climate tech engagement tracks.
In the sustainable infrastructure track, after the screening, “four companies (ReNew Power, Avaada Energy Pvt Ltd, Indusbridge Capital Advisors LLP. Founder, SEIP, and Powerica Ltd) from India were shortlisted for pitching their concepts on energy transition, transport and logistics, and waste management/waste to energy to global investors,” the ministry said.
Similarly, in the climate tech track, 10 Indian startups and companies (BluSmart, Recykal, LOHUM, Sea6 Energy, EVage Ventures, Kabira Mobility, Batx Energies, Newtrace and Alt Mobility, igrenEnergi, Inc.) were selected to pitch their innovative ideas, technologies and solutions that contribute to mitigating or adapting to climate change.
The ministry announced that the forum resulted in $ 23 billion in investment opportunities for sustainable infrastructure projects in the Indo-Pacific, with a potential of over $ 25 billion in capital from coalition members. Additionally, the DFC’s Board approved an equity investment in the $1 million Eversource Climate Investment Partners-II fund to support climate change initiatives in India and Southeast Asia. The IPEF partners and the Private Infrastructure Development Group also launched the IPEF Catalytic Capital Fund to provide support for clean economy infrastructure projects in emerging economies, including a renewable energy platform in India.
The fund’s founding supporters, including Australia, Japan, Korea, and the US, have pledged to provide $33 million in initial grants, demonstrating their strong commitment to catalyse up to $3.3 billion in private investment. This coalition of investors, including Singapore’s Temasek and GIC, has further committed to injecting $25 billion in infrastructure investments in emerging markets, reinforcing the sustainability of these investment opportunities.
The event also witnessed the signing of an offtake agreement between Sembcorp Green Hydrogen India, Kyushu Electric and Sojitz for the production and export of 200 KTPA (kilotonne per annum) green ammonia from India to Japan. Ministers from Singapore and Japan, as well as Barthwal, attended the programme. The agreement aims to increase the production and export of 200 KTPA green ammonia in Phase-I (a total of 800 KTPA in 4 phases) at Tuticorin Port in India and export to Japan.
The project proposed above would further the objective of India's National Green Hydrogen Mission, which is to make the country a global production and export hub for green hydrogen and its derivatives—25 billion in capital from coalition members. Additionally, the DFC’s Board approved an equity investment in the $1 million Eversource Climate Investment Partners-II fund to support climate change initiatives in India and Southeast Asia.
The IPEF partners and the Private Infrastructure Development Group also launched the IPEF Catalytic Capital Fund to provide support for clean economy infrastructure projects in emerging economies, including a renewable energy platform in India.
The fund’s founding supporters, including Australia, Japan, Korea, and the US, have pledged to provide USD 33 million in initial grants, demonstrating their strong commitment to catalyse up to USD 3.3 billion in private investment. This coalition of investors, including Singapore’s Temasek and GIC, has further committed to injecting USD 25 billion in infrastructure investments in emerging markets, reinforcing the sustainability of these investment opportunities.
The event also witnessed the signing of an offtake agreement between Sembcorp Green Hydrogen India, Kyushu Electric and Sojitz for the production and export of 200 KTPA (kilotonne per annum) green ammonia from India to Japan. Ministers from Singapore and Japan, as well as Barthwal, attended the programme. The agreement aims to increase the production and export of 200 KTPA green ammonia in Phase-I (a total of 800 KTPA in 4 phases) at Tuticorin Port in India and export to Japan.
