Oil Resilience
India’s energy security has always been a strategic priority, given its dependence on oil imports to meet over 85 per cent of its consumption.
India’s energy security has always been a strategic priority, given its dependence on oil imports to meet over 85 per cent of its consumption.
India stands at a crossroads in its quest for energy security and self-reliance, particularly concerning critical minerals essential for energy transition.
India, with a target to achieve 500 GW of renewable capacity and net zero by 2070 would have to carefully navigate the energy transition to reap the dividends from the new international energy order.
China’s plan to promote the production of coal runs counter to efforts to cut climate-changing carbon emissions from the biggest global source.
The Prime Minister also said that India will have to pledge to become energy independent before its 100 years of Independence.
The remarks by Iran's Ambassador to India come a week after US Secretary of State Michael Pompeo hailed India for cutting off oil imports from Iran.
