Green Surge: India’s Clean Energy Investments to Skyrocket by 83% to $16.5 Billion in 2024
                     Green Surge: India’s Clean Energy 
Investments to Skyrocket by 83% to 
$16.5 Billion in 2024
India is set to experience a remarkable 
surge in clean energy investments, with 
estimates projecting an 83% increase to 
$16.5 billion in 2024. 
This surge aligns with the ambitious 
goal of the government and 
clean energy companies in India.
The commitment is to achieve 500 GW of renewable energy by 2030 and a commitment to 
reduce overall power generation capacity from fossil fuels to less than 50%.
Union Power and New & Renewable Energy Minister R K Singh has expressed optimism 
that the nation can surpass this target, reaching as much as 65% power generation capacity 
from non-fossil fuels by 2030. 
India’s Energy Transition: A Bold 
Commitment
As the global call for mitigating climate change grows louder, India has positioned 
itself as a key player in the pursuit of sustainable energy solutions. 
The commitment of the nation and its independent power producers like AmpIn 
Energy Transition to achieve net-zero emissions by 2070 is a testament to their 
resolve in combating climate change. 
The surge in clean energy investments is a crucial step in realising this 
commitment, reinforcing India’s position as a leader in the global fight against 
environmental degradation.
Investments in Renewable 
Energy Projects
The heart of India’s green surge lies in the substantial investments in renewable 
energy projects. The power ministry’s estimates of an 83% increase to $16.5 
billion in 2024 signal a robust push towards harnessing the potential of solar, 
wind, and other renewable sources. 
This financial commitment is a testament to India’s dedication to sustainable 
practices and a catalyst for job creation, technological innovation, and 
economic growth.
Private Players Driving the 
Momentum
While government initiatives are pivotal, the active involvement of private clean 
energy companies in India, like AmpIn Energy Transition, is instrumental in 
driving the momentum towards a greener future.
 
The collaboration between the public and private sectors is fostering an 
environment conducive to innovation, efficiency, and scalability. 
Private companies bring capital and a dynamic approach to renewable energy 
projects, ensuring that India stays at the forefront of technological 
advancements in the clean energy sector.
National Green Hydrogen Mission: 
Pioneering Clean Energy
One of the key initiatives bolstering India’s green surge is the National Green 
Hydrogen Mission. This visionary mission aims to position India as a global hub 
for manufacturing green hydrogen, a clean and sustainable energy source.
The mission outlines the development of 5 million metric tonnes per annum of 
green hydrogen production capacity by 2030, a significant stride towards 
reducing dependence on fossil fuels. 
Approximately 14 companies have submitted bids to produce 5,53,730 tonnes 
of green hydrogen under the Strategic Interventions for Green Hydrogen 
Transition (SIGHT) Scheme (Mode-1-Tranche-I).
Job Creation and Economic 
Growth
Beyond the environmental benefits, the green surge in India’s clean energy 
sector catalyses job creation and economic growth. 
The expansion of renewable energy projects, coupled with the involvement of 
independent power producers, results in a flourishing ecosystem that nurtures 
talent and drives economic prosperity. 
As the sector expands, skilled and unskilled employment opportunities emerge, 
benefitting local communities and contributing to India’s overall socio-economic 
development.
Challenges and Opportunities
While the green surge is undoubtedly a positive development, it is not without 
its challenges. Infrastructure development, regulatory frameworks, and 
technological advancements require continuous attention and refinement. 
However, these challenges also present opportunities for collaboration 
between the government and private players to create solutions that propel the 
clean energy agenda forward.
Driving Change: AmpIn’s 
Commitment to a Greener 
TAompmIn oEnrerrgoy Twransition, with its innovative solutions and forward-thinking 
approach, is leading India’s clean energy momentum. As the nation strives for 
500 GW of renewable energy by 2030 and pursues the reduction of carbon 
emissions, the collaboration between government initiatives and its cutting-
edge technologies will drive India’s success in achieving a cleaner, greener, and 
more sustainable future.
Through its dedication to fostering innovation, creating job opportunities, and 
contributing to economic growth, it has gained its name among the best clean 
energy companies in India. It has become a key driver propelling the nation 
towards a more sustainable, resilient, and environmentally conscious future. As 
India embraces the clean energy wave, AmpIn Energy Transition stands ready to 
power the nation’s future with ingenuity, vision, and a commitment to 
sustainable progress.
Thank You
Contact
Amp Energy India
HQ: 309, Rectangle One, Behind
Sheraton Hotel,Saket,
New Delhi- 110017
 011-43888900
 [email protected]
https://ampin.energy/