India Energy Week 2026 Concludes with India Reinforcing Its Leadership in the Global Energy Landscape
Union Minister Hardeep Singh Puri says India is well prepared for geopolitical flux, remains central to global energy dialogue
India Energy Week (IEW) 2026 concluded in Goa on January 30, with the Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, underscoring India’s growing influence in the global energy ecosystem and its preparedness to navigate prolonged geopolitical volatility.
Speaking at the closing ceremony fireside chat, Shri Puri said India has successfully converted global disruptions into strategic opportunities through supply diversification and accelerated clean-energy transition.
“We have coped very well with successive geopolitical shocks. Every challenge has been turned into an opportunity—by diversifying supply sources and fast-tracking our transition towards cleaner fuels,” the Minister said.
Highlighting India’s expanding global footprint, Puri noted that the country is now the world’s third-largest energy consumer, fourth-largest refiner, and among the leading exporters of petroleum products.
“India will continue to ensure availability, affordability and sustainability of energy, even amid global uncertainty,” he added.
The Minister reiterated the government’s focus on compressed biogas (CBG), green hydrogen, ethanol blending and indigenous clean-energy technologies, alongside sustained investments in conventional fuels.
“Traditional energy will remain essential, but the progress we are making—from ethanol blending to CBG, hydrogen and biofuels—gives us confidence that greener fuels will play a steadily expanding role,” Puri said.
Addressing concerns over consumer impact during global price shocks, he emphasized that India has shielded citizens from volatility.
“Global turmoil has never been passed on to consumers. India today has among the lowest energy prices in the world, and uninterrupted supply has been maintained even during crises,” he said, citing timely interventions by oil marketing companies to keep fuel and LPG prices affordable.
Laying out the government’s forward roadmap, Dr Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas, said India’s projected economic growth of over 7 percent will drive a sharp rise in energy demand.
“Our strategy rests on two pillars: strengthening domestic exploration and production, and positioning India as a reliable global supplier of refined products,” Dr Mittal said.
He outlined plans to accelerate upstream activity through expanded drilling and exploration, while integrating refining with petrochemicals to maximise value addition and reduce import dependence.
“We are building scale at home while remaining globally competitive,” he added.
On the energy transition front, Dr Mittal highlighted the growing role of technology and digitalisation.
“From logistics optimisation to AI-driven efficiencies, technology is becoming central to lowering costs and improving operational resilience,” he said.
He also noted that India is progressing steadily towards its compressed biogas targets, aiming for 5 percent blending by 2030, backed by strong state participation and farmer-led biomass supply chains.
The closing session reaffirmed India Energy Week 2026 as a key platform connecting energy security, affordability and sustainability—positioning India as a stable, credible and pragmatic leader in an increasingly complex global energy landscape.
