About Summit
India stands on the cusp of a transformative green revolution, with ambitious renewable energy targets and a Net Zero goal by 2070. The government’s upcoming CCUS (Carbon Capture, Utilization, and Storage) Mission aims to accelerate adoption through financial incentives like PLIs, VGFs, loans, and grants. Likewise, India’s Climate Panchamitra Goals outline a transformative path toward sustainability and achieving Net Zero goals. According to estimates by IIT Madras, accelerating net zero to 2047 would require an estimated investment of $3.4 trillion.
However, achieving these goals requires overcoming significant financing challenges, from scaling solar, wind, and biogas projects to supporting cleantech innovations and making EVs affordable for retail consumers. This series of panels and briefings explores the critical funding barriers, innovative solutions, and strategies needed to unlock India’s potential as a global leader in sustainability.
To spotlight these themes, the AFAI is organizing a National Summit & Awards 2025 on "Green Financing and Investment: Achieving Net Zero by 2070 on March 5th, 2025, New Delhi. This summit brings together the most influential leaders and captains of the industry to foster meaningful collaborations, inspire groundbreaking innovations, and set the stage for the future of Green Finance and Investment in India. This summit stands as a beacon of progress, driving the industry toward greater financial inclusion, economic growth, and sustainable development to achieve net zero by 2070.
DIGNITARIES
GUEST OF HONOUR
Mr. Sanjay Chilwarwar
Joint Secretary
Ministry of New & Renewable Energy
Mr. Vivek Kumar Dewangan
Chairman & Managing Director
REC Limited
Dr. Padmanabhan Raja Jaishankar
Managing Director
India Infrastructure Finance Company Limited (IIFCL)
Mr. Virender Pankaj
Chief Executive Officer
Aseem Infrastructure Finance Ltd.
SPECIAL ADDRESS
Shri. Sudhendu J. Sinha
Adviser (Infrastructure Connectivity & Electric Mobility)
NITI Aayog
H.E. Mr. Kenneth Felix Haczynski da Nobrega
Ambassador
Embassy of the Federative Republic of Brazil
JURY
Shri U P Singh IAS(Retd.)
Former Secretary
Ministry of Textiles & Ministry of Jalshakti Govt of India
Shri Mrugank Paranjape
Managing Partner, MCQube, Independent Non Executive Director
SBI & OFSS, Chairman Sewa International
Shri Gopal Murli Bhagat
Deputy Chief Executive
Indian Banks' Association
Shri. Pranab Kumar Sinha
Executive Director
Power Finance Corporation Limited
EMINENT SPEAKERS
SUMMIT CHAIRMAN
Mr. Ashish Agrawal
Summit Chairman & Founder Member
AFAI
FINANCE EXPERTS
Mr. Abhay Bakre
Mission Director
Ministry of New &Renewable Energy
Mr. Amit Sengupta
Group Corporate Finance
Avaada Group
Mr. Abani K. Jha
CFO
Saatvik Group
Mr. Arvind Talan
CFO
Energy Efficiency Services Ltd.
Mr. Akhil Anil Kumar
Head Of ESG
IDFC Bank
Mr. Biju E. Punnachalil CFP®
Chief Risk Officer
South Indian Bank Ltd.
Mr. Chander kumra
General Manager
Bank of India
Dr. R K Singh
CGM
SIDBI
Mr. Jyoti Prakash Gadia
Managing Director
Resurgent India Ltd.
Mr. Kuljit Singh Popli
Former CMD
IREDA
Mr. Nidhi Kumar Narang
Director Finance
Uttar Pradesh Power Corporation Ltd.
Ms. Sangita M. Kasture
Scientist G
Ministry of New & Renewable Energy
Ms. Starlene Sharma
Co-Founder and Managing Partner
Green Artha
Mr. Shantanu Chaturvedi
Vice President
Transition VC
Mr. Rahul Dubey
Investment Director
IFU
Mr. Rajiv Ranjan Jha
Director
Power Finance Corporation Ltd.
INDUSTRY EXPERTS
Mr. Atul Chaturvedi
Executive Chairman
Shree Renuka Sugar
Mr. Alok Kumar
Former Secretary, Ministry of Power & Director
The Lantau Group
Mr. Dhiraj Agrawal
Chief Business Officer
Mufin Green Finance
Mr. Devesh Tripathi
Sr. Assistant Vice President
Global Partnerships
Mr. Govind Sankaranarayanan
Co-Founder, Wholetime Director & Chief Operating Officer
Ecofy
Mr. Karan Mehta
Principal
Green Frontier Capital
Mr. Manikkan Sangameswaran
Executive Director & CEO
Radiance Renewables Pvt Ltd
Mr. Nikhil Anand Khurana
Managing Director
Folks Motor Pvt. Ltd.
Mr. Paravastu Rambabu
CSO, Greenko Group & Advisor
Greenko Group
Mr. Rohit Kumar
Secretary General
Carbon Markets Association of India
Mr. Raman Bhatia
Founder & Managing Director
Servotech Power Systems Ltd.
Mr. Sabyasachi Majumdar
Senior Director
CareEdge Group
Mr. Sunil Bhatnagar
CXO Lithium Project
IPLTECH Electric Pvt. Ltd.
Mr. Saarthak Khurana
Senior Manager
Climate Policy Initiative
Mr. Sandeep Kumar
President
Airox Nigen equipments Pvt. Ltd.
Mr. Shobit Rai
Co-Founder & Managing Director
Prozeal Green Energy Limited
Mr. Siddharth Pandey
Specialist-Renewables & New Business
Tata Power Company Limited
Mr. Vivek Sen
India Director
Climate Policy Initiative
Mr. Yash Pal Sachar
Vice President - Corporate Affairs
Ashok Leyland Limited
Registration
Who Should Attend
Why Participate
40+
Speakers
350+
Delegates
1
Day
10+
Exhibitors
Agenda
Session 1
Fueling Green Transition: Innovative Financing for Solar, Wind, Hydrogen, and Biofuels
To achieve its net-zero emissions target by 2070, India requires trillions of dollars in groen financing but currently secures only about one-fourth of the required funds. The transition to clean energy (primarily solar, wind, biofuels, and hydrogen) faces challenges such as short loan tenures, high capital costs, insufficient debt financing, and the absence of a comprehensive groan taxonomy, restricting wide-ranging investments. Addressing those gaps requires innovative financing solutions tailored to accelerate the adoptionofclean energy solutions.
Session 2
The Road Ahead for EVs: How Financial Institutions and Investors are Engineering the Future
India aims for 30% EV sales in private cars, 70% in commercial vehicles, 40% in buses, and 80% in two- and three- whoolers, targeting 80 million EVs on the roads by 2030. However, achieving 2030 targets faces hurdles like Information gaps among 33% of climate financiers, high risks, evolving tech, and long returns requiring patient capital. Charging infrastructure struggles with uncertain demand high costs, and unsustainable cash inflows, hindering growth. Bridging these challenges demands strategic financial interventions and innovative solutions to drive the EVecosystem forward.
Session 3
Pathways for the Next Cleantech Unicorns: Funding India’s Growing Clean Energy Sector
By FY2050, the CleanTech industry will lead as the primary global source of power. However, investment in Indian cleantech MSMEs remains disproportionately low relative to the vast fund sites of financial institutions, which profor backing projects with substantial scaling potential The challenge for these early-stage companies/MSMEs lies in refining their business models to me at scalability requirements and become fundable. A significant hurdle is the rigorous due diligence process, often hampered by a lack of adequate data to validate the technological viability of cleantech innovations
Session 4
EV and Solar Rooftop Adoption by Retail Consumers: Banks, NBFCs, and Other Financial Institutions as Key Enablers
EV and Solar Rooftop Adoption by Retail Consumers: Banks, NBFCs, and Other Financial Institutions as Key Enablers As of March 2024, India's residential rooftop solar capacity reached 3.20W (27% oftatal rooftop installations). Inthe EV sector, retall adoption constituted about 5% of total vehicle sales between October 2022 and September 2023, indicating growing demand High interest rates, short loan tenures, low LTV ratios, and high purchase costs hinder adoption Umited participation from banks and NBFCs, coupled with a lack oftailored financial products for EV and
Awards
Indian Climate Leader Awards (ICLA Awards 2025)
Indian Climate Leader Awards (ICLA Awards 2025) will honor and celebrate outstanding innovators and changemakers across financial institutions, cleantech enterprises, and industry players driving transformative progress in green finance and sustainable solutions.
- Outstanding PSU Bank in Green Finance
- Outstanding Private Bank in Green Finance
- Outstanding NBFC in Green Finance
- Leading DFI in Sustainable Finance
- Exceptional PE/VC Fund in Environmental Impact Investments
- Outstanding Environmental Impact
- Scalability in Renewable Solutions
- Leading EV Company: Commercial Vehicles
- Leading EV Company: Passenger Vehicles
- Excellence in Solar and Wind Energy
- Leadership in Green Hydrogen Solutions
- Excellence in Bio-fuel Solutions
Glimpses
Partners
Presenting Partner
Media Partner
Supporting Partner
Magazine Partner
Knowledge Partner
Outreach Partner
Association Partner
