Our Partner, Amit Kapur, spoke at the Big Debate on “The Sustainability Imperative: Policy, Power & Profit” at TV9’s What India Thinks Today (WITT) Summit in New Delhi, where Honourable PM Shri Narendra Modi delivered the keynote address at the WITT Summit 2026, setting the tone for a forward‑looking dialogue on India’s growth and sustainability priorities.
Drawing from decades of experience in energy, infrastructure, and regulatory governance, Amit highlighted that India’s clean‑energy transition is no longer a distant aspiration – the technology is proven, the economics are compelling, and the momentum is undeniable. Yet as the nation scales up renewable capacity at an unprecedented pace, new systemic challenges are emerging.
Key reflections he shared:
1. The “Institutional Speed Gap” is slowing progress.
Innovation is moving exponentially, but regulatory systems are not keeping pace. Amit noted how stabilising India’s carbon market took over three years—when it should have taken one. To meet our 2030 goals, institutions must move with the same agility as engineers and innovators.
2. The economics of solar have been transformed.
In 2010, solar cost nearly ₹16 crore per MW—today it stands at ₹2–3 crore. Hybrid efficiencies have jumped from 20% to beyond 50%. With renewables now outperforming conventional power even without subsidies, the market has decisively shifted.
3. India must eliminate fragmented, state‑level “small battles.”
Amit emphasised how regulatory divergence—like states capping rooftop solar at 3 kW while national rules allow 10 kW—creates friction for consumers and slows national progress. A unified regulatory vision is essential for scale.
4. India is emerging as a global clean‑energy hub.
Through platforms like the International Solar Alliance (ISA), now with 130+ member nations, India is shaping global energy diplomacy and enabling what could become a trillion‑dollar investment wave by 2035.
He concluded with a powerful thought:
India has a clear path to becoming a global green powerhouse -what we need now is the strategic foresight to remove regulatory thorns, strengthen contractual certainty and accelerate institutional reform.
Amit Kapur is a Partner with JSA since 2000. He has anchored the Firm’s Infrastructure practice since 1997 with focus on infrastructure sectors. Having served as Senior Partner of JSA since 01.04.2017, Amit served as the Joint Managing Partner of the Firm between 01.01.2019 and 31.03.2025.