# India energy transition and decarbonization investment > Live situation record from CLSTR: https://clstr.news/situations/india-energy-transition-and-decarbonization-investment > Updated: 2026-08-14T04:02:55.000Z. Sources: 2. Developments: 2. Efforts to fund and implement energy transition and decarbonization projects in India have seen significant developments. In July 2026, Transition VC launched Fund II, a $155 million initiative aimed at supporting engineering-led startups across the energy-transition value chain and deep-tech sectors, including nuclear and geothermal energy. By August 2026, the Industrial Transition Accelerator (ITA) expanded support for large-scale industrial decarbonization by selecting 11 Indian projects for its India Project Support Programme. These projects, involving companies such as Jindal Steel, JSW Steel, and ACME Group, represent an estimated $18 billion in potential investment and aim to deliver 7.8 million tonnes of annual carbon abatement. The portfolio focuses heavily on green ammonia and green methanol, alongside carbon capture and waste-to-sustainable aviation fuel initiatives. ## Timeline ### 2026-08-14: Industrial Transition Accelerator backs 11 Indian projects with $18B investment potential The Industrial Transition Accelerator has selected 11 Indian projects, involving over $18 billion in investment, to advance clean industrial sectors like green ammonia, steel, and aviation fuels. 2 sources. https://clstr.news/cluster/industrial-transition-accelerator-backs-11-indian-projects-with-18b-investment-potential ### 2026-07-22: Transition VC launches $155 million fund to back India's energy‑transition startups Transition VC raised $155 million for Fund II to invest in engineering‑led deep‑tech firms across India's energy‑transition value chain, expanding beyond its first fund’s 57 % IRR performance. 2 sources. https://clstr.news/cluster/transition-vc-launches-155-million-fund-for-indias-energy-transition --- Cite as: India energy transition and decarbonization investment. CLSTR, https://clstr.news/situations/india-energy-transition-and-decarbonization-investment