Prime Minister Narendra Modi on Wednesday said that India will play a decisive role in shaping the global energy demand-supply balance, as he interacted with chief executive officers of leading global and Indian energy companies during India Energy Week (IEW) 2026.
The interaction took place at Lok Kalyan Marg, where global energy leaders expressed strong confidence in India’s economic growth and showed keen interest in expanding their business presence in the country.
Addressing the roundtable, the Prime Minister said such interactions have become an important platform for strengthening coordination between the government and industry. He noted that direct feedback from global industry leaders helps refine policies, address sector-specific challenges, and reinforce India’s position as an attractive investment destination.
Highlighting India’s economic progress, Prime Minister Modi said the country is moving rapidly towards becoming the world’s third-largest economy and will play a crucial role in the global energy ecosystem.
Drawing attention to investment opportunities, the Prime Minister said India’s energy sector offers an investment potential of around USD 100 billion in exploration and production, backed by investor-friendly policy reforms introduced by the government. He also pointed to a USD 30 billion opportunity in the compressed bio-gas (CBG) segment.
The Prime Minister further highlighted opportunities across the broader energy value chain, including the development of a gas-based economy, refinery–petrochemical integration, and growth in maritime and shipbuilding sectors.
Referring to the evolving global energy landscape, Prime Minister Modi said that while the sector faces uncertainty, it also presents immense opportunities. He called for innovation, collaboration, and deeper partnerships, reiterating that India is ready to emerge as a reliable and trusted partner in the global energy sector.
During the interaction, CEOs from global energy companies expressed optimism about India’s long-term growth prospects. They cited policy stability, reform momentum, and strong demand outlook as key factors driving their interest in expanding operations in India.
The high-level roundtable was attended by 27 CEOs and senior executives representing leading energy companies and institutions, including TotalEnergies, BP, Vitol, HD Hyundai, Aker, LanzaTech, Vedanta, ReNew, Trafigura, and the International Energy Forum, among others.
