New Delhi, Jan 31 (IANS): India’s Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, stated that the country has effectively shielded its citizens from global energy price volatility, ensuring that international disruptions do not translate into higher consumer costs.
Speaking at the conclusion of ‘India Energy Week (IEW) 2026,’ he noted that India boasts some of the lowest energy prices worldwide and provides a consistent supply during crises due to proactive measures by oil marketing companies.
Puri highlighted advancements in green energy initiatives, including compressed biogas (CBG) and green hydrogen, in addition to continued investment in traditional energy sources.
He expressed confidence in the growing role of renewable fuels alongside conventional energy. Dr. Neeraj Mittal, Secretary of the Ministry, projected a significant energy demand increase with an anticipated economic growth rate exceeding 7%.
He emphasized a strategic focus on enhancing domestic exploration and production, as well as establishing India as a dependable global supplier of refined energy products.
Mittal also underlined the integration of refining and petrochemicals to boost local capabilities while remaining globally competitive and noted the increasing role of technology and digitalization in optimizing costs and operational resilience.
Related posts :
Aral Sea Region Set to Become Global Hub for Climate Tech and Green Innovation
Guyana
Centre outlines key directives towards 100 GW nuclear energy mission
Dental Care Unit inaugurated Under NHPC’s CSR Initiative at Banasthali Vidyapith
Income Tax Department enables online filing via ITR-2 with some pre-filled data
PM Modi in Motihari outlines Centre’s vision for developed Bihar; lays, inaugurates Rs 7,217cr-worth projects
