India’s toward energy self-reliance: Opportunities for investors
The Vision for Energy Independence
– India aims to reduce its reliance on energy imports. – Focus on renewable energy, natural gas, and domestic oil production.
Renewable Energy Expansion
– Targeting 500 GW renewable energy capacity by 2030. – Opportunities in solar, wind, and green hydrogen projects.
Domestic Oil and Gas Production
– ONGC and Oil India are ramping up domestic output. – Government incentives for upstream oil and gas exploration.
Infrastructure Development
– Investments in LNG terminals, pipelines, and smart grids. – Key players: GAIL, Petronet LNG, and Power Grid Corporation.
Opportunities for Investors
– Focus on companies driving renewable energy and energy-efficient technologies. – Diversified portfolios across oil, gas, and green energy for balanced growth.