FII and Government Collaborate on Carbon Innovation and Action at New Delhi Summit

New Delhi [India], September 15: The Federation of Indian Industry (FII) under its Resilience 360° initiative organized the Net Zero Power Summit 2025 at The Lalit, New Delhi. The summit brought together policymakers, industry leaders, technologists and financial experts to discuss India’s journey towards a sustainable and carbon-neutral power sector.

Hon’ble Minister of State for Power and New & Renewable Energy, Mr. Shripad Naik inaugurated the summit and delivered the keynote address. He said India’s Net Zero transition is both an environmental need and an economic opportunity. He stressed the importance of clean energy, energy storage, resilient grid systems, carbon markets and green finance. The minister applauded federation of Indian industry, Dr. Deepak Jain and team for a timely and visionary event focusing on net zero pathway. He said sustainability is not new to India, it is rooted in the civilization ethos of living in harmony with the nature. Power sector is central to India’s journey to 2070 transition. He said that along with the emerging technology playing a great role financing is equally critical. The transition requires primary finance, greenbonds, ESG driven investment, and a regulated carbon market. The Summit is set to reinforce India’s leadership in global climate action while balancing the imperatives of energy access, security, affordability, and sustainability. He announced the launch of the working group on carbon Innovation and action with the federation of Indian industry. This group will look into business in carbon accounting, reporting and crediting monetization, and empowering industry to participate, confidently in the global carbon market.