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