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Financing the Future: How NBFCs Are Monetising India’s Clean Energy Shift

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.