Russia JV may be the answer to India's energy crisis: CII - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
Select Page

Collaboration with Russia in exploration of oil and gas might be the answer to India’s energy crisis instead importing fossil fuel from there, a CII report said.

India has proposed many joint ventures between the two countries to strengthen the energy ties, as it plans to double its annual import of crude oil to about 200 million tonnes a year, of which around 50 million is expected to come from Russia, industry chamber CII’s report on Indo-Russian relationship said.

Both countries have agreed to cooperate in the energy sector, particularly in refining and downstream project, with India proposing an 49:51 exploration venture between India’s Oil and Natural Gas (ONGC) and Russian gas major Gazprom for a stake in Sakhalin-III oil and gas project in the far east.

More from here

Here's more about EAI

India's first climate tech consulting firm

We work across entire climate tech spectrum

Our specialty focus areas include bio-energy, e-mobility, solar & green hydrogen

Gateway 2 India from EAI helps international firms enter Indian climate tech market

About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.


Copyright © 2024 EAI. All rights reserved.