India is emerging as a significant player in the global energy transition market, second only to China, with an estimated need for $200 billion to $300 billion in investments to support its rapidly growing energy demands. Nakul Zaveri, partner and global co-head of climate investment strategy at LeapFrog Investments, highlighted that India's energy strategy must balance growth, affordability, and sustainability. The country is targeting 500 GW of non-fossil fuel capacity by 2030 and aims for net zero emissions by 2070. Global investors are increasingly focusing on Indian renewables, with large infrastructure funds entering the market. However, challenges such as grid congestion, power-purchase agreements, and infrastructure scaling pose significant obstacles to progress. Despite these challenges, Zaveri noted that the interest from private equity could lead to a more robust renewable energy sector in India, as companies like Renew, Adani, and NTPC explore new investment strategies.