India should set whatever is the right (energy) course for it to support its economic growth, and at the pace that is achievable. And fossil fuels are important for India.
In an interview with ET, Shell CEO Wael Sawan expressed concerns about rising political and social polarization worldwide, citing its impact on policy stability and investment risks in the energy sector. He emphasized that Shell s energy transition trajectory will be driven by economics, regardless of political changes, although policy shifts can affect investor confidence.
Prime Minister Narendra Modi has called upon global investors to actively participate in India’s march towards a sustainable and prosperous future by increasingly investing in its renewable and new en
For India, the world’s third largest consumer and importer of oil after China and the United States, the stress on self-reliance in the energy sector stems from both environmental and cost concerns.
As PM Narendra Modi commits to net-zero by 2070 at the UN COP26, how does it pan out for India’s energy security. The consistent high cost of fuel in the country is causing macroeconomic disruptions.