Page 55 - Policy Economic Report_Feb'25

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

• 95+ Conference sessions covered sustainability and energy transition
• 6K+ Conference delegates engaged in discussions
• 500+ Speakers shared insights on energy trends

Key Focus Areas of IEW 2025

• Energy Transition & Green Future: Major focus on biofuels, flex-fuel vehicles, ethanol blending,
and green hydrogen. India is steadily progressing toward its goal of producing 5 million metric
tons (MMT) of green hydrogen annually by 2030.

• Exploration & Production (E&P) Reforms: Launch of Open Acreage Licensing Program (OALP)
Round X, covering 200,000 sq. km, along with regulatory changes to boost investment in oil and
gas exploration.

• India-US Energy Cooperation: Strengthening LNG supply partnerships and increasing natural gas
consumption in India’s energy mix from 6% to 15%.

• Global Energy Investments: Expanding investments in oil and gas assets across Brazil, Venezuela,
Russia, and Mozambique while benefiting from emerging oil sources.

• Startup & Innovation Recognition: The Avinya’25 – Energy Startup Challenge, led by the Ministry
of Petroleum and Natural Gas, awarded innovative startups for breakthroughs in CO2 capture, ESG
solutions, and renewable energy. The Vasudha – Oil and Gas Startup Challenge recognized
overseas startups revolutionizing the upstream oil and gas sector with AI-driven solutions.

IEW 2025 introduced nine thematic zones, each focusing on different aspects of the energy sector:

1. Hydrogen Zone – Hosted by Oil India Limited, showcasing cutting-edge innovations in hydrogen
fuel generation.

2. Biofuels Zone – Highlighting India's advancements in Biodiesel, Bioethanol, Compressed Biogas,
and Sustainable Aviation Fuel.

3. Renewable Energy Zone – Featuring innovations in solar, wind, and other renewable energy
technologies.

4. LNG EcoSystem – Hosted by Petronet LNG, focusing on India's downstream LNG supply chain and
eco-friendly fuel solutions.

5. Make in India Zone – Hosted by Engineers India Limited, highlighting indigenous energy
manufacturing capabilities.

6. City Gas Distribution Zone – Hosted by GAIL, emphasizing India's rapid progress towards a gas-
based economy.

7. Petrochem Zone – Hosted by ONGC, showcasing advancements in petrochemical technologies
and sustainable solutions.

8. Innovation Zone – Featuring emerging startups and breakthrough technologies in energy.
9. Digitalisation Zone – Showcasing AI, IoT, and automation in optimizing energy production and

distribution.

India: The Rising Energy Powerhouse

India, the world's third-largest energy consumer, is poised for the highest energy demand growth. Under
PM Narendra Modi's leadership, the nation is advancing towards a greener future with significant

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