India’s energy sector offers $130 bn investment potential, PM Modi tells global CEOs

Prime Minister Narendra Modi on Wednesday said India will play a decisive role in the global energy demand-supply balance as he interacted with chief executives of leading global and Indian energy companies.

The interaction with energy sector CEOs was held at the Prime Minister’s residence at Lok Kalyan Marg as part of the ongoing India Energy Week (IEW) 2026.

The CEOs expressed strong confidence in the country’s growth trajectory and showed keen interest in expanding their business presence in India.

Welcoming the participants, Modi said such roundtables have emerged as an important platform for industry–government alignment.

He noted that direct feedback from global industry leaders helps refine policy frameworks, address sectoral challenges more effectively and further strengthen India’s position as an attractive investment destination.

The prime minister said the country is advancing rapidly towards becoming the world’s third-largest economy and will play a “decisive role” in shaping the global energy demand-supply balance.

Drawing attention to the scale of opportunities in the energy sector, Modi highlighted an investment potential of around $100 billion in exploration and production, supported by investor-friendly policy reforms.

He also underscored an estimated $30 billion opportunity in the compressed bio-gas (CBG) segment.

He also outlined large-scale opportunities across the energy value chain, including the gas-based economy, refinery–petrochemical integration, as well as maritime and shipbuilding sectors.

The prime minister called for greater innovation, collaboration, and deeper partnerships, reiterating India's readiness to serve as a reliable and trusted partner across the entire energy value chain.

"During the interaction, the CEOs expressed strong confidence in India's growth trajectory. They conveyed their keen interest in expanding and deepening their business presence in India, citing policy stability, reform momentum, and long-term demand visibility," the statement said.

The high-level roundtable was attended by 27 CEOs and senior corporate dignitaries representing leading global and Indian energy companies and institutions, including TotalEnergies, BP, Vitol, HD Hyundai, HD KSOE, Aker, LanzaTech, Vedanta, International Energy Forum, Excelerate, Wood Mackenzie, Trafigura, Staatsolie, Praj, ReNew and MOL, among others.

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri, Minister of State for Petroleum and Natural Gas Suresh Gopi, and senior officials of the ministry were also present at the interaction.