New Delhi: Prime Minister Narendra Modi on Wednesday held a high-level roundtable with chief executive officers and senior leaders of global energy companies as part of India Energy Week (IEW) 2026, highlighting investment opportunities worth around USD 100 billion in India’s exploration and production (E&P) sector. The meeting took place at the Prime Minister’s residence at 7 Lok Kalyan Marg, with the goal of fostering industry-government alignment and encouraging deeper private sector engagement in India’s energy ecosystem.
CEOs Show Confidence in India’s Economic Growth
The participating CEOs expressed strong confidence in India’s economic growth trajectory and indicated keen interest in expanding their business footprint in the country. According to the Prime Minister’s Office (PMO), the corporate leaders highlighted policy stability, reform momentum, and long-term demand visibility as key drivers for deeper engagement in India’s energy sector.
Addressing the participants, Prime Minister Modi emphasized that roundtables like these serve as crucial platforms to gather feedback directly from global industry leaders. This feedback helps refine policy frameworks, address sectoral challenges effectively, and strengthen India’s position as a preferred investment destination.
India’s Macro-Economic Momentum and Global Energy Role
Highlighting India’s macroeconomic growth, PM Modi said the country is rapidly moving towards becoming the world’s third-largest economy. He underlined India’s potential to play a decisive role in shaping global energy demand-supply dynamics in the coming years, reflecting both domestic opportunity and international relevance.
Expanding Opportunities Across Energy Value Chain
While the USD 100 billion potential in the E&P sector was a key highlight, PM Modi also outlined additional investment opportunities, including:
- USD 30 billion in Compressed Bio-Gas (CBG)
- Development of a gas-based economy
- Strengthening refinery-petrochemical integration
- Scaling up maritime and shipbuilding capacities
He stressed that while the global energy landscape remains uncertain, it presents immense opportunities for collaboration, innovation, and deeper partnerships. Modi reiterated that India is prepared to be a reliable and trusted partner across the entire energy value chain.
Participation from Global and Indian Energy Leaders
The roundtable was attended by 27 CEOs and senior corporate dignitaries representing major global and Indian energy companies and institutions, including:
TotalEnergies, BP, Vitol, HD Hyundai, HD KSOE, Aker, LanzaTech, Vedanta, International Energy Forum (IEF), Excelerate, Wood Mackenzie, Trafigura, Staatsolie, Praj, ReNew, and MOL.
Also present were Union Minister for Petroleum and Natural Gas Hardeep Singh Puri, Minister of State Suresh Gopi, and senior officials of the Ministry of Petroleum and Natural Gas.
Strengthening India’s Position as a Global Energy Hub
The discussions underlined India’s commitment to a liberalized, investor-friendly policy environment and reinforced the government’s aim to position India as a global energy hub, capable of attracting large-scale investment and supporting long-term energy security.
