Hardeep Singh Puri On India’s $500Bn Energy Opportunity: FTAs, Global Majors, And The Supply Chain

India is aggressively positioning its energy sector as a $500-billion investment frontier, underpinned by a dual strategy of expanding domestic capacity and deepening global diplomatic ties. In an exclusive interview, Union Minister Hardeep Singh Puri outlines how New Delhi is leveraging Free Trade Agreements (FTAs) and bilateral energy partnerships to insulate the economy from global volatility while attracting the next generation of energy technology.

Key pillars of this strategic push include:
1.Capacity Expansion: Aggressive scaling of refinery throughput and the redevelopment of mature brownfield assets.
2. Diplomatic Leverage: Utilizing ongoing negotiations with the UAE, Canada, and Norway to secure long-term supply chains and technical expertise in Geothermal and CCUS (Carbon Capture).
3. Market Diversification: A shift toward sector-agnostic sourcing and opening new exploration acreage to global majors and private players.
4. As the global energy map is redrawn, how is India balancing immediate crude security with the long-term transition?

Listen in as Business Today’s Aishwarya Patil speaks with Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri to dissect the roadmap for India’s energy independence goal