Prime Minister Narendra Modi interacts with Energy Sector CEOs
New Delhi, January 28
Prime Minister Narendra Modi interacted with CEOs of the global energy sector as part of the ongoing India Energy Week 2026, at his residence at Lok Kalyan Marg on Wednesday.
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.
Welcoming the CEOs, the Prime Minister said that these roundtables have emerged as a key platform for industry-government alignment. He emphasized that direct feedback from global industry leaders helps refine policy frameworks, address sectoral challenges more effectively, and strengthen India's position as an attractive investment destination.
Highlighting India's robust economic momentum, Prime Minister stated that India is advancing rapidly towards becoming the world's third-largest economy and will play a decisive role in the global energy demand-supply balance.
Prime Minister drew attention to significant investment opportunities in India's energy sector. He highlighted an investment potential of around USD 100 billion in exploration and production, citing investor-friendly policy reforms introduced by the government. He 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.
Prime Minister observed that while the global energy landscape is marked by uncertainty, it also presents immense opportunity. He called for innovation, collaboration, and deeper partnerships, reiterating that India stands ready as a reliable and trusted partner across the entire energy value chain.
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. The interaction was also attended by Union Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri and the Minister of State for Petroleum and Natural Gas, Shri Suresh Gopi and senior officials of the Ministry.
— ANI
Reader Comments
$100 billion potential is a huge number! Hope these investments translate into affordable energy for common people and not just corporate profits. The focus on CBG from agri-waste is a smart move for our rural economy.
Good to see the government actively engaging with industry. However, I hope this "alignment" also means strict enforcement of environmental norms. We can't sacrifice our air and water quality in the race for growth. Balance is crucial.
As someone working in the renewables sector, the mention of collaboration is encouraging. India has massive potential in solar and wind, and partnerships with these firms can bring in the latest tech. Let's not put all eggs in the fossil fuel basket though.
Becoming the 3rd largest economy needs a robust energy backbone. Investments in exploration, gas networks, and shipbuilding will have a multiplier effect on manufacturing and logistics. Aatmanirbhar Bharat in action!
The list of companies is impressive. But the real test is on-ground execution. We've seen big announcements before. Hope the ministries follow up swiftly to convert these discussions into actual projects and factories.
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