Rapid Fire
India Energy Week 2025
- 15 Feb 2025
- 2 min read
At India Energy Week 2025, India signed multiple strategic agreements and MoUs aimed at enhancing energy security, diversifying supply sources.
- India Energy Week: India Energy Week 2025, held in New Delhi organized under the patronage of the Ministry of Petroleum and Natural Gas and jointly by the Federation of Indian Petroleum Industry (FIPI), it features over 700 exhibitors from across the global energy sector.
- The event emphasizes energy access, security, sustainability, and decarbonization efforts.
- FIP is an apex Society of entities in the hydrocarbon sector and acts as an industry interface with the Government.
- Key MoUs Signed: Bharat Petroleum Corporation Ltd (BPCL) partnered with Petrobras (Brazil) to import up to 6 million barrels of crude, diversifying India's oil imports.
- BPCL and Eco Wave Power (Israel) to set up India’s first wave energy pilot in Mumbai.
- To strengthen India’s transition to a natural gas-based economy, Indian Oil Corporation (IOCL) and ADNOC (UAE) signed a USD 7 billion contract for 1.2 million metric tons per annum (MMTPA) liquefied natural gas (LNG) over 14 years starting 2026.
Read more: Tapping Renewable Energy Potential in India
