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News1829-01-2026, 20:30

India's Energy Sector Poised for Unprecedented Growth: IOC Chairman

  • IOCL Chairman AS Sahney states India's energy sector is entering a phase of unprecedented growth due to strong economic expansion and rising energy demand.
  • Sahney highlights India's GDP growth and its trajectory to become the third-largest economy, making it an opportune time for global partnerships, especially with the European Union.
  • India offers significant investment opportunities for global players in exploration, refining, petrochemicals, renewables, green hydrogen, and green ammonia.
  • Both India and Europe are major energy importers committed to cleaner energy, but India's growth and energy requirements are higher.
  • Europe's advanced green technologies and India's growing energy needs create ample scope for collaboration and technology exchange.

Why It Matters: India's energy sector is set for massive growth, inviting global partnerships and technology exchange for a greener future.

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