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Policy● Neutral for Indian equities
India must reduce oil & gas dependence, shift to renewables: Power Secy Pankaj Agarwal
The brief
- Power Secretary Pankaj Agarwal urged India to reduce oil and gas dependence and shift towards renewables
- Renewable-energy companies may benefit from policy focus, while oil and gas firms face transition pressure
- Kalpataru Projects International secures 'major' EPC order in oil and gas business in UAE
- India to hold firm on Russian oil as US-China truce extension puts it in the spotlight
- Replacing 1 million bpd of Russian oil could cost India up to $3.7 billion annually
- Indian state companies seek 2.75 million tonnes of US LPG for 2027
- India to increase US LPG purchases as Middle East risks persist