India’s clean-energy surge is opening a huge lending market. NBFCs are financing renewables, EVs, storage, and efficiency upgrades, gaining lower risk, stable returns, and cheaper ESG capital.
Key points
Clean-energy sectors are scaling rapidly across India.
NBFCs are leading financing in renewables, EVs, and efficiency upgrades.
Green lending offers lower risk, stable returns, and cheaper capital.
Investor appetite for ESG-aligned portfolios is rising.
The next decade offers a massive ₹10–12 lakh crore opportunity for NBFCs.
