India Energy Week (IEW) is going to be an ideal platform for policymakers, business leaders, researchers, and entrepreneurs to contemplate, deliberate, and take decisive steps to navigate this ever-evolving energy scenario, said Minister for Petroleum & Natural Gas and Housing & Urban Affairs, Hardeep S. Puri while speaking at ‘Dance to Decarbonise’, organised by the Ministry of Petroleum and Natural Gas in the run-up to India Energy Week 2023, which is scheduled to be held in Bangalore from 6-8th February, 2023.

Elaborating on India’s journey of energy transition to achieve its ‘Net Zero Target’, the Minister said that India is undertaking an ambitious journey of energy transition to achieve its ‘Net Zero Target’ by 2070. However, for the transition to be enduring and stable it is imperative that the accessibility and affordability aspects of energy remain intact.

He said that in the coming decades, India’s energy base load will be met by hydrocarbons and the government has undertaken landmark reforms in the upstream, midstream, and downstream sectors of the hydrocarbon industry in India.

India is projected to witness the largest increase in energy demand by any country over the next two decades as the economy continues to grow and create opportunities for its people, as well as for the global value chain. Achieving India’s target of net-zero emissions by 2070 needs to be weighed against the country's growing economy, rising energy requirements, and the implementation of responsible energy sources over transformational energy systems for the future.

The inaugural event - India Energy Week comes at a critical time, with the challenges such as energy security and environmental sustainability impacting long-term energy transition and paths towards decarbonisation. As a rapidly developing country, and soon to be the world’s most populous nation, India’s energy transition will play a pivotal role in global energy markets.

As India’s largest and all-encompassing energy event, India Energy Week brings international energy stakeholders from 100+ countries across the full value chain to Bengaluru. Over 1,000+ exhibiting companies, NOCs, IOCs, NECs, and IECs and 10 global country pavilions will drive India’s energy transition conversation forward, and will connect the energy community together to discuss trends, address challenges and collaborate, for upcoming opportunities.

More than 30,000 energy professionals, 650 exhibiting companies, 8,000 conference delegates and 500 international speakers will attend India Energy Week, which will cover 80 conference sessions.

With a focus on sustainable solutions, the company has been on the forefront when it comes to collaborating with government ministries, non-profit organizations and other implementing agencies to achieve sustainable development.