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

A biography on SNN Sankaralinga Iyer

The biography was authored by veteran journalist K Balakumar....

Activity Galore

Godrej Properties bought 47 acres off OMR for a...

When Numbers Tell A Tale…

 Ask the mandarins at TAFE (Trac­tors and Farm Equipment...

Managing Power

With mercury rising, Tamil Nadu’s power demand is hitting...

Newsletter

Don't miss

A biography on SNN Sankaralinga Iyer

The biography was authored by veteran journalist K Balakumar....

Activity Galore

Godrej Properties bought 47 acres off OMR for a...

When Numbers Tell A Tale…

 Ask the mandarins at TAFE (Trac­tors and Farm Equipment...

Managing Power

With mercury rising, Tamil Nadu’s power demand is hitting...

Minister Keerthana Chairs Budget Consultation Meeting

Detailed discussions were held on the Department's ongoing development...

A biography on SNN Sankaralinga Iyer

The biography was authored by veteran journalist K Balakumar. The Tamil translation of the book was also released simultaneously. The Tamil translation was done...

Activity Galore

Godrej Properties bought 47 acres off OMR for a plotted residential project, while Arihant Foundation and Housing acquired a prime Anna Salai site, adjacent...

When Numbers Tell A Tale…

 Ask the mandarins at TAFE (Trac­tors and Farm Equipment Ltd.). They will unhesitatingly vouch for it. Indeed, the flagship company of the Chennai-based Amalgama­tion...