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India is ready to showcase its vast portfolio of business opportunities when energy ministers from 17 nations and corporate titans from across the globe gather for the annual industry dialogue, India Energy Week (IEW), in Goa next month.
"India, today, on the energy front, presents a picture of confidence, of positive growth, of solutions in many areas. Some of which are perhaps not as well known as they ought to be, and the India Energy Week, to that extent, is a golden opportunity for all these related developments on the energy front to be showcased," oil minister Hardeep Singh Puri mentioned.
Energy ministers from Iraq and Nigeria and the secretary general of the Organisation of the Petroleum Exporting Countries (OPEC) are anticipated to be among the key foreign participants at the event, an oil ministry official said.
The first edition of IEW was held in Bengaluru last year. In the second edition to be held in Goa, 900 exhibitors will participate, about 30% more than last year. The total number of participants is estimated to be over 35,000 at IEW. Goa would also have dedicated country pavilions of Canada, Germany, Netherlands, Russia, the UK, and the US.
Policymakers and industry executives will discuss the full spectrum of energy issues at IEW, including oil, natural gas, renewable energy, green hydrogen, biofuels and sustainable aviation fuel, Puri said. India is anticipated to be a key driver of global energy demand growth for the next two decades and offers a range of business opportunities to investors, he added.
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