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<h1>India needs USD 145bn/year in energy investments focused on grid modernisation, renewables, and supply-chain policy reforms.</h1> India needs about USD 145 billion annually in energy investments to align growth with net-zero goals through 2035, focused on power generation, energy storage and urgent grid modernisation. Wood Mackenzie estimates USD 1.5 trillion for the 2026-2035 transition, stressing transmission and distribution investment and the necessity of market reforms, notably the Electricity Amendment Bill, to unlock private capital. Policy gaps include domestic content requirements, risks in the Advanced Chemistry Cell Battery PLI Scheme, nascent green hydrogen and CCUS development, and the 2026 launch of the Carbon Credit Trading Scheme to impose emissions limits.