GOA: The Indian Energy Week is under way at Goa. This International event will be held from 27-30 Jan, 2026 with Technical Sessions, Conferences, Exhibitions, Leadership Roundtables, Thematic Zones etc, on the theme – Energising Growth, Securing Economies, Enriching Lives. This event is looked forward to by not only experts but by all those who are even remotely associated with Energy. It’s indeed a flagship event of the energy sector in India. The Prime Minister of India, Shri Narendra Modi while inaugurating IEW, 2026 said that representatives of more than 125 representatives from various nations have assembled for the new edition of India Energy Week to discuss on Energy Security and Sustainable Future. He said that Bharat is today a huge land of opportunities for the energy sector. Bharat has emerged as the fastest growing major economy and the demands for energy products is increasing constantly.
India is today amongst the top 5 Petroleum Products Exporters of the World. Yesterday there has been a very big agreement between Bharat and EU which is being hailed in the world as the Mother of all deals. For the 140 Crore people of India and Crores across the World it has brought big opportunities. It’s become a symbol of cooperation between two leading world economies. This agreement represents about 25% of Global GDP and 1/3rd portion of global trade. This will make the global supply chains more robust. He congratulated the youth, all citizens of India, amongst others.
He added that in the Energy sector there was tremendous possibility in the entire Value Chain. The exploration sector has opened up considerably, more than 170 Blocks have already been awarded. Based on the suggestions given in the last Energy Week Rules & Regulations have been modified. All out efforts are being made to increase Refining capacity to 300 MMTPA. The LNG demand is constantly increasing in Bharat, there is need for Pipelines and huge investment opportunity exists here also. As India is a large country with big population the demand for Petrochemicals is bound to constantly increase. In India there is great scope in the downstream sector also and India is speedily making reforms; its riding on Reform Express. India is now moving from at the Energy Security towards Energy Independence. Energy is at the center of our aspirations.
There is a 500 Billion Dollar opportunity. He went on to exhort for Make in India, Innovate in India, Scale with India and Invest in India. H.E. Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology and ADNOC, MD and Group CEO, UAE; Hon.Tim Hodgson, Minister of Energy and Natural Resources, Canada, Honorable Chief Minister of Goa, Dr. Pramod Sawant,•Delegates, Captains from energy companies from all over the world, Students, Entrepreneurs, Media representatives were present in the inaugural session. Shri Hardeep Puri , Minister of MoP&NG while delivering his address stated the IEW has evolved into one of the world’s most significant gatherings for energy dialogue, cooperation, and leadership.
The event is hosting over 75,000 energy professionals (36% growth compared to 2024 edition inGoa), over 700 exhibiting companies (57% growth compared to 2024 edition in Goa), 10 country pavilions, and 11 thematic zones, with delegates from over 120 countries. More than 550 global speakers will engage across more than 110 strategic and technical sessions, reaffirming India Energy Week’s role as a trusted global forum for shaping energy conversations and outcomes. Platforms such as the India–Arab Energy Dialogue, the Conference on Compressed Biogas, startups challenges like Avinya 3.0 (161 applications) and Vasudha 3.0 (20 global applications, 4 new countries), and dedicated hackathons expand engagement across innovation, collaboration, and knowledge sharing. He added that nearly 80 percent of incremental global energy demand came from emerging and developing economies, with close to 60 percent originating in Developing Asia. On the other hand, around 730 million people still live without access to electricity, andnearly 2 billion, almost one quarter of the global population, continue to rely on cookingmethods that are harmful to human health and well-being. This highlights that ensuring universal, affordable, and clean energy access remains a central development and equity challenge for the global community. Over the past decade, renewables have grown rapidly.
Their share in global electricity generation has increased from around one-fifth to nearly one-third, supported by falling costs and policy momentum. Yet conventional energy continues to play a critical role. The history of energy has never been about replacement alone. It has been about addition. New sources have consistently complemented existing ones, allowing systems to expand and adapt. This remains the defining reality of the global energy transition. As the world’s third-largest energy consumer and one of the fastest-growing major economies, India stands at the heart of this global transformation. Our energy demand will continue to expand, with all sources set to grow. By 2050, India’s share of global energy demand is projected to rise by nearly 30-35%, reaching around 10 percent of the total global energy demand. Yet, with per capita energy consumption still at only about 40 percent of the global average, India’s growth journey remains both necessary and responsible. He went on to speak on capacity building exercises, amendments in laws, India’s launch of the tenth OALP-X bidding round, Special Coal Bed Methane Bid Round 2025, and the Discovered Small Fields (DSF)-IV bid round, Ultra Deep-Water Exploration Acreage’s award and 3D seismic line acquisition was 30% plus complete. Despite prolonged global volatility, India has shielded its citizens from sharp price shocks. India remained firmly committed to clean energy. India achieved nearly 20% ethanol blending in ESY 2025, resulting in foreign exchange savings of around USD 19.3 billion and direct payments exceeding USD 15 billion to farmers over the past decade, he said. India also remains on track to meet its compressed biogas targets, reflecting rapid progress in bioenergy. India is also unlocking the potential of nuclear energy as a pillar of India’s future energy system with an ambition of 100 GW of nuclear capacity by 2047. Shipbuilding represented another powerful growth avenue in India, supported by the Government’s USD 8 billion package to boost the shipbuilding and maritime sector, a strong foundation for capacity expansion, industrial scale-up, and new investment partnerships across the maritime value chain has ben done.
India has become a leading hub for Global Capability Centres (GCCs), with over 1,700 GCCs already established across the country. In just five years, their combined revenue has jumped from USD 40.4 billion in FY19 to USD 64.6 billion in FY24, with growth rate of 9.8% annually. The sector is projected to reach USD 105 billion by 2030, supported bynearly 2,400 GCCc employing over 2.8 million professionals. Through cooperation, innovation, and shared responsibility, India stands ready to work with partners worldwide to build an energy future that is secure, resilient, and inclusive. As the global energy landscape continues to evolve, the choices India makes today will shape resilience, prosperity, and sustainability for decades to come. India Energy Week brings together the ideas, expertise, and leadership needed to convert dialogue into direction and direction into delivery. He cajoled all to approach this week with a shared focus on cooperation and outcomes. May India Energy Week serve as a catalyst for collective progress and a forum where solutions are shaped for the benefit of the world, he added. The IEW 2026, organized at the global destitution city of Goa is on a scale hitherto unseen. The organizers have taken great pains to shape things to be most user friendly. Various sessions, small group interactions, events, exhibitions all promise a wholesome and exciting fare for Professionals as well as Energy aficionados. NewsIP will continue to bring to its readers all the happenings of the event with factual reporting and other insights so kindly do keep engaged.
