India has made remarkable progress in transitioning to renewable energy over the past decade as part of its efforts to tackle climate change. The shift in India's power mix towards renewables has been substantial, with the country aiming to triple its renewable energy capacity by 2070. While this transition presents significant costs, such as capital investments and technology upgrades, it also brings forth various opportunities beyond cost savings, including environmental benefits and job creation in the green energy sector. The country has seen a surge in investments in clean energy, with projections indicating the need for a further increase to meet energy and climate goals by 2030 and 2070. To achieve this, India must attract capital from advanced economies and consider implementing transition financing tools to mobilize funds effectively. Additionally, there is a focus on developing standardized roadmaps across industries to enhance the impact of investments. The transition to clean energy also involves a shift in the occupational structure towards green jobs. While this presents opportunities for employment in the renewable energy sector, there is a need to bridge the skills gap to meet industry demands. Initiatives like the Skill Council for Green Jobs and programs like the PM-Surya Ghar Yojana are aimed at creating jobs and reducing CO2 emissions through solar energy projects, requiring investment and capacity building for a skilled workforce. In balancing short-term and long-term objectives, India faces the challenge of reducing its dependence on fossil fuels while expanding investments in renewable energy. The country's strategy includes leveraging its renewable resources to attract investment and drive down production costs. By aligning economic growth with sustainability goals, India aims to navigate the transition to a cleaner future while unlocking the potential of its renewable energy sector.