Energy finance in India
India has 11 active World Bank energy projects, with $3.99 billion committed, the 4th largest of 102 countries. 99.9% of its people had electricity in 2024.
- Committed
- $3.99bn
- Projects
- 11
- Per person
- $2.7
- Electricity access
- 100%
- Without electricity
- 1.5 million
Active projects
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To accelerate the development of low-carbon energy in India.
- Grid-Connected Rooftop Solar Program$648 million
The PDO is to increase installed capacity of Grid-connected Rooftop Solar Photovoltaic (GRPV) and to strengthen the capacity of relevant institutions for GRPV.
- Vishnugad Pipalkoti Hydro Electric Project$648 million
The Project Development Objectives are: (a) to increase the supply of electricity to India's national grid through the addition of renewable, low-carbon energy.
- Jharkhand Power System Improvement Project$310 million
The project development objectives (PDO) are to increase the transmission capacity of electricity network in the state of Jharkhandand strengthen the institutional capacity of state-owned power transmission and distribution utilities.
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The project's development objective (DO) is to improve the operational efficiency and reliability of electricity supply in selectedareas of West Bengal.
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The Program Development Objective is to increase renewable energy penetration and strengthen the power sector institutions in Himachal Pradesh.
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The Project Development Objectives (PDO) are to demonstrate the operational and economic feasibility of utility-scale innovative renewable energy technologies and battery energy storage solutions, and to strengthen institutional capacity to facilitate scale-up ofsuch technologies on a commercial basis in India.
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The PDO is to increase installed capacity of Grid-connected Rooftop Solar Photovoltaic (GRPV) and to strengthen the capacity of relevant institutions for GRPV.
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The project development objective is to assist India in achieving energy savings with mobilization of commercial finance and participation of Energy Service Companies (ESCOs).
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The PDO is to increase installed capacity of Grid-connected Rooftop Solar Photovoltaic (GRPV) and to strengthen the capacity of relevant institutions for GRPV.
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The project development objective is to assist India in achieving energy savings with mobilization of commercial finance and participation of Energy Service Companies (ESCOs).
Source: World Bank Group, updated 22 Oct 2026.
Who else finances energy in Asia and the Pacific
- World Bank (IBRD and IDA)Loans, credits and grants to governments for generation, transmission, distribution and access. Co-leads Mission 300 with the African Development Bank, which aims to connect 300 million Africans to electricity by 2030.
- IFCEquity and loans for private power producers, utilities and off-grid companies; the World Bank Group’s private-sector arm.
- MIGAPolitical-risk insurance and credit enhancement that make cross-border energy investments bankable.
- SEFAGrants and concessional finance for project preparation, mini-grids, clean cooking and green baseload, managed by the African Development Bank.
- OPEC FundPublic- and private-sector loans and grants in developing countries, with energy among its core sectors.
- IsDBSharia-compliant finance for power, renewables and energy access in its member countries.
- GCFGrants, concessional loans, equity and guarantees for low-emission and climate-resilient projects, through accredited entities.
- CIFConcessional finance, delivered through the multilateral banks, for clean technology, renewables in low-income countries and coal transition.
- EIBThe EU’s lending arm: loans for renewables, grids and efficiency inside and outside Europe.
All lenders · How energy projects are financed · Designing a fund? CEII Fund Advisory