The second edition of India Energy Week, scheduled to take place in Goa from February 6-9 is expected to host Energy ministers from 17 different countries, over 35,000 attendees, and more than 900 exhibitors. Six countries including Canada, Germany Netherlands, Russia, UK, and USA are also expected to put their pavilions.
Addressing the media, Union Minister Hardeep Singh Puri said, “I am pleased to share that this time we will have dedicated 6 country pavilions namely Canada, Germany Netherlands, Russia, UK, and USA.”
The escalating tensions over the Red Sea and its rising impact on trade of different countries is also likely to be discussed, the minister said. He also emphasized on the event’s significance as a platform for growth and development in the energy sector.
“India today on the energy front presents the picture of confidence of positive growth of solutions in many areas. India Energy Week (IEW) represents a golden opportunity to showcase these developments on the energy front and provide the platform for further development and growth in the energy sector,” the minister said.
The conference will also see a special ‘Make in India’ pavilion with more than 300 exhibitors showcasing innovative solutions by Indian MSMEs in the energy sector. The second edition will witness a 30% increase in exhibitors and a 25% expansion in exhibition space. “This scale-up has resulted in a 46% increase in revenue from the exhibition,” Puri said.
Puri also said that there has been about a significant rise in private sponsorship, with an 81% increase in revenue from private firms and a 44% increase in the number of private sponsors. This has resulted in three times the private sponsorship revenue compared to the previous year’s edition.
The conference will likely focus on energy transition practices and include emphasised discussions on promotion and usage of alternate fuels such as green hydrogen and biogas. There will also be a session dedicated on new technical categories like shipping, logistic & supply chain, manufacturing & industrialization, future mobility, and mining & minerals.
In line with India’s G20 priorities, various side events are planned, including discussions on Global South Cooperation, Carbon Capture and Utilisation, PM’s roundtable with Oil & Gas CEOs, and India-US investment roundtables.
“The country’s GDP is over 4 trillion, and by the end of fiscal year 2025, we should be a 5 trillion economy. The growing economy consumes more energy, and that energy is also witnessing a shift towards sustainable energy,” Puri concluded, highlighting the future trajectory of India’s energy sector.