Page 57 - NIS English 16-28 Feb, 2026
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India Energy Week 2026 | INTERNATIONAL





















                                                           Investing in India’s energy
                                                           sector is profitable

             India is currently on the                     Prime Minister Narendra Modi told representatives from
             reform express. Reforms are                   125 countries attending India Energy Week 2026 that India
                                                           makes investment in the energy sector very profitable.
             being implemented rapidly in                  The country has a very large refining capacity; India ranks
             every sector. Reforms are being               second in the world in this regard and will soon be number
             undertaken to strengthen                      one. Today, India’s refining capacity is approximately
                                                           260 MMTPA, and continuous efforts are being made to
             the domestic hydrocarbons                     increase it to over 300 MMTPA. India has set a target
             sector. A transparent and                     of meeting 15 percent of its total energy demand with
             investor-friendly environment                 liquefied natural gas (LNG). Prime Minister Modi said that
                                                           there is a need to work on the entire LNG value chain.
             is being created for global                   We are working on manufacturing the vessels required for
             collaboration. We have                        LNG transportation in India itself. Recently, a program
             significantly reduced the no-                 worth Rs. 70,000 crore has been launched for shipbuilding
                                                           in India. A very large pipeline network is also now needed
             go areas in the                               in India for LNG transportation.
             exploration
             sector.                                       India’s export coverage extends to
                                                           more than 150 countries worldwide
             Narendra Modi,
             Prime Minister                                India is a land of immense opportunities for the energy
                                                              sector. India is one of the world’s fastest-growing
                                                                major economies, leading to a continuously
                                                                 increasing demand for energy products. In
                                                                  addition, India offers excellent opportunities to
                                                                   meet global demand. Today, India is among the
                                                                    top 5 exporters of petroleum products in the
                                                                    world, with export coverage to more than 150
            Scan the QR
            code to watch the                                        countries. Prime Minister Modi told investors
            Prime Minister’s                                          that India’s capacity will be very useful. The
            full program.
                                                                       India Energy Week 2026 platform is an
                                                                        excellent place to explore partnerships.




        exploration is one  such example.  India  is  striving   square kilometers. With this vision, more than 170
        to increase investment in its oil and gas sector to   blocks have already been awarded. The Andaman
        $100 billion by the end of this decade, with a target   and Nicobar basin is also emerging as the country’s
        of expanding the exploration area to 1 million       next hydrocarbon hope.n


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