THEBUSINESSBYTES
BUREAU
NEW DELHI, JANUARY 28, 2026
As India
prepares to play a decisive role in shaping the global energy demand-supply
balance, Prime Minister Narendra Modi on Wednesday engaged with top executives
of the world’s leading energy companies, projecting the country as a reliable,
reform-driven and future-ready energy partner at the India Energy Week (IEW)
2026.
Interacting
with CEOs of major global and Indian energy firms at his residence in Lok
Kalyan Marg, the Prime Minister said India’s rapid economic rise and sustained
reform momentum are positioning it at the centre of the evolving global energy
landscape. He underlined that India is advancing swiftly towards becoming the
world’s third-largest economy, a transition that will significantly influence
global energy markets in the years ahead.
Global
energy leaders participating in the high-level roundtable expressed strong
confidence in India’s long-term growth trajectory. They conveyed keen interest
in expanding their operations in the country, citing policy stability,
transparency, and clear long-term demand visibility as key drivers behind their
investment plans.
Welcoming
the participants, Prime Minister Modi said such CEO roundtables have emerged as
a vital platform for constructive industry-government alignment. He noted that
direct engagement with global business leaders enables policymakers to
fine-tune frameworks, address sector-specific challenges more effectively, and
reinforce India’s position as one of the world’s most attractive investment
destinations.
Highlighting
the scale of opportunity, the Prime Minister pointed to an investment potential
of nearly USD 100 billion in exploration and production, supported by
investor-friendly reforms undertaken by the government. He also spotlighted a
USD 30 billion opportunity in the compressed bio-gas segment, along with major
prospects across the broader energy value chain, including the gas-based
economy, refinery and petrochemical integration, and maritime and shipbuilding
sectors.
Acknowledging
the uncertainties shaping the global energy landscape, Prime Minister Modi
observed that the current phase also offers unprecedented opportunities for
innovation and collaboration. He called for deeper partnerships, emphasizing
that India stands ready to act as a trusted and dependable partner across the
entire energy value chain.
The
roundtable witnessed participation from 27 CEOs and senior leaders representing
prominent global and Indian energy companies and institutions, including TotalEnergies,
BP, Vitol, HD Hyundai, Aker, Vedanta, ReNew, Trafigura, Praj, and the
International Energy Forum, among others. Union Minister for Petroleum and
Natural Gas Hardeep Singh Puri, Minister of State Suresh Gopi, and senior
officials of the ministry were also present at the interaction.