Modi interacts with energy sector CEOs

Prime Minister Narendra Modi interacted with CEOs of the global energy sector as part of the ongoing India Energy Week (IEW) 2026, at his residence at Lok Kalyan Marg .

Listen to this article

During the interaction, he highlighted an investment potential of around USD 100 billion in exploration and production, citing investor-friendly policy reforms introduced by the government.

Modi also underscored the USD 30 billion opportunity in Compressed Bio-Gas (CBG).

In addition, he outlined large-scale opportunities across the broader energy value chain, including gas-based economy, refinery–petrochemical integration, and maritime and shipbuilding.

During the interaction, the CEOs expressed strong confidence in India’s growth trajectory. They conveyed their keen interest in expanding and deepening their business presence in India, citing policy stability, reform momentum, and long-term demand visibility, according to an official release.

The high-level roundtable saw participation from 27 CEOs and senior corporate dignitaries representing leading global and Indian energy companies and institutions, including TotalEnergies, BP, Vitol, HD Hyundai, HD KSOE, Aker, LanzaTech, Vedanta, International Energy Forum (IEF), Excelerate, Wood Mackenzie, Trafigura, Staatsolie, Praj, ReNew, and MOL, among others.

Meanwhile, India is projected to be the largest contributor to global oil demand growth till 2050, according to the World Oil Outlook 2025 presented by Dr. Abderrezak Benyoucef, Head, Energy Studies Department, Research Division, Organization of the Petroleum Exporting Countries (OPEC), at India Energy Week 2026 being organised in Goa from 27th to 30th January 2026.

Dr. Benyoucef stated that India alone is expected to add 8.2 million barrels per day of oil demand by 2050. This growth will be driven primarily by transportation, petrochemicals and industrial activity.

India’s total primary energy demand is expected to almost double, increasing from around 22 million barrels of oil equivalent per day in 2024 to about 43.6 million barrels of oil equivalent per day by 2050.

Read more details here https://www.pib.gov.in/PressReleasePage.aspx?PRID=2219805&reg=3&lang=1

https://www.pib.gov.in/PressReleasePage.aspx?PRID=2219796&reg=3&lang=1

 

Latest

USD50 bln India-Russia trade gap must be addressed: EAM

The India-Russia partnership has consistently demonstrated resilience and adaptability....

TVS iQube MillionR special edition launched

TVS iQube MillionR Special Edition is priced at Rs...

Goyal pitches for Japanese institutional investments

The discussions hold significance, as India-Japan aims to mobilise...

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Newsletter

Don't miss

USD50 bln India-Russia trade gap must be addressed: EAM

The India-Russia partnership has consistently demonstrated resilience and adaptability....

TVS iQube MillionR special edition launched

TVS iQube MillionR Special Edition is priced at Rs...

Goyal pitches for Japanese institutional investments

The discussions hold significance, as India-Japan aims to mobilise...

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced...

USD50 bln India-Russia trade gap must be addressed: EAM

The India-Russia partnership has consistently demonstrated resilience and adaptability. Even amidst a complex international landscape, our engagement has continued to deepen, reflecting the mutual...

TVS iQube MillionR special edition launched

TVS iQube MillionR Special Edition is priced at Rs 1,40,138 (effective ex-showroom, Karnataka). The TVS iQube portfolio starts at Rs 1,11,310 (effective ex-showroom, Karnataka),...

Goyal pitches for Japanese institutional investments

The discussions hold significance, as India-Japan aims to mobilise 10 trillion yen of Japanese private investment into India over the next decade. Goyal emphasised that...