A recent report by Nomura highlights India's need for around USD 200 billion in investments to establish renewable energy projects by 2030, based on the country's ambitious goals. The report projects a 7% growth rate in energy demand driven by data center expansion, electric vehicle adoption, and advancements in green hydrogen technology. To achieve its 500GW renewable energy capacity goal by 2030, India must significantly increase the pace of renewable energy auctions, aiming for approximately 60GW of capacity yearly. The industry is well-poised to meet this demand with support from government policies and commercial sectors. As the cost of producing green hydrogen becomes competitive, the demand for renewable energy is expected to surge beyond current estimates. With India's increasing focus on electric vehicles, electricity demand is projected to rise sharply, potentially accounting for a significant portion of the country's power consumption by 2030.