Union Petroleum Minister highlights India’s Bright Energy future at Investors Meet organised by IOCL at IEW2025
New Delhi, February 13, 2025 :- Mr Hardeep Singh Puri, Union Minister for Petroleum Natural Gas, alongside Mr Pankaj Jain, Petroleum Secretary, senior MoP&NG officials and top executives from leading oil and gas companies, engaged with over three dozen equity analysts and institutional investors on the sidelines of India Energy Week 2025. The meet focused on strengthening partnerships, attracting investments, and promoting innovation in India’s energy sector.
The event held under the guidance of the (MoP&NG), was organised by India’s largest energy PSU Indian Oil Corporation Limited (IOCL). It underscored India’s emergence as a key player in the global energy transition and highlighted the nation’s robust energy growth and unprecedented investment opportunities.
In his address, Shri Puri described India as “the most promising energy investment destination,” emphasizing the government’s ongoing reforms and pro-business policies. He highlighted significant steps taken by the government, such as the Oilfields (Regulation and Development) Amendment Bill 2024 and achieving advanced ethanol blending targets, which are paving the way for a sustainable and self-reliant energy future.
He praised India’s oil and gas companies for their agility and technological advancements in upgrading infrastructure and enhancing efficiency. “The level of resilience and transformation our energy sector has demonstrated is truly remarkable. We are not just keeping pace with global trends—we are setting new benchmarks,” Shri Puri said.
Petroleum Secretary Shri Pankaj Jain echoed the minister’s optimism, addressing investor queries on policy changes, the gas allocation framework, and the roadmap for increasing domestic crude oil production. He provided valuable insights into LPG subsidies, financial performance of oil companies, and India’s strategic focus on boosting indigenous energy production.
The meet reinforced the government’s strong commitment to fostering a business-friendly environment and ensuring India remains at the forefront of the global energy transition. MoP&NG initiative in engaging with key stakeholders was hailed as a crucial step toward strengthening investor confidence and promoting long-term growth.
With ambitious goals and a clear roadmap, India is poised to become a global hub for energy innovation and investment, making this engagement a resounding success and a reflection of the country’s bright energy future.