State-owned OIL has established the presence of hydrocarbons in two of the three exploratory wells it has drilled in Vijayapuram on the east coast of the Andaman Islands.
Chevron and Excelerate Energy already control a major share of Bangladesh’s natural gas production and LNG supply, with Chevron supplying 40% of the country's natural gas supply.
The challenge ahead is not only to accelerate the transition, but to manage its inherent instability: to design energy systems that are not only clean, but resilient to shocks.
Both leaders have vowed to realise the US-India 123 Civil Nuclear Agreement, work to build US-designed nuclear reactors in India through localisation & possible tech transfer.
While India’s green energy transition plans to combat climate change are ‘ambitious’, reliance on China makes these plans complex & challenging, says Economic Survey 2024-25.
At the Energy Week inauguration, PM outlined India’s focus areas such as National Green Hydrogen Mission, expanding India’s gas pipeline network, and blending ethanol with petrol.
While the bulk of the trade between India and Australia is so far in the energy sector, the FTA is expected to broaden this to include other goods and services.
As the middle class that powered India’s first 3 decades of liberalisation stagnates, and a newly ascendant business class powers ahead, the complexion of consumption & investment is likely to change.
The weapons are being purchased through NATO’s PURL framework, which allows European allies to fund the purchase of American military supplies for Ukraine.
Anti-Americanism is chronic, deep-rooted and instinctive in India. We only undermine our national interest by not shedding it, and by dismissing our entrepreneurs as exploiters.
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