Crisil Projects Five-Fold Rise in Green Investments by 2030
Key Ideas
- Crisil predicts a significant increase in green investments in India, reaching Rs 30.6 lakh crore by 2030, a five-fold rise compared to the previous five years.
- Renewable energy and storage will see the largest share of investments, followed by the transport and automotive sectors, and oil & gas.
- The upcoming budget is expected to focus on creating a supportive environment for emerging technologies like green hydrogen, emphasizing the importance of demand creation in this sector.
- Rahul Prithiani highlights the critical role of fostering a supportive ecosystem for green technologies, stating that the power sector will be the major contributor to these investments.
According to Crisil, a leading global analytical company, green investments in India are projected to surge to Rs 30.6 lakh crore during the period 2025-2030, marking a five-fold increase from the previous five years. The senior director at Crisil Intelligence, Rahul Prithiani, emphasized the importance of creating a supportive ecosystem for emerging technologies like green hydrogen. He stressed the significance of driving demand in this sector, noting its price sensitivity. The major areas of investment are expected to be renewable energy and storage, with Rs 19 lakh crore allocated, followed by Rs 4.1 lakh crore for transport and automotive sectors, and Rs 3.3 lakh crore for oil & gas. The Crisil India Infrastructure Conclave 2025 highlighted the power sector as the primary driver, contributing nearly 60% of the total investments. The anticipation is high for the upcoming budget to address crucial factors such as carbon markets, energy efficiency, and government funding commitments for emerging sectors in the renewable energy domain.