India Energy Week (IEW) 2026 concluded in Goa with a strong affirmation of India’s preparedness, resilience, and expanding leadership role in the global energy landscape amid ongoing geopolitical uncertainties.
Addressing the closing ceremony, Union Minister for Petroleum and Natural Gas Shri Hardeep Singh Puri said India has demonstrated robust capability to navigate sustained geopolitical volatility in global energy markets, while remaining firmly positioned at the centre of global energy dialogue.
“India has coped effectively with successive geopolitical shocks, converting each challenge into an opportunity through diversification of supply sources and rapid transition towards cleaner fuels,” the Minister said. He highlighted that India is currently the world’s third-largest energy consumer, fourth-largest refiner, and among the leading exporters of petroleum products. He reaffirmed the country’s commitment to ensuring energy availability, affordability, and sustainability amid global uncertainty.
Following the Minister’s address, Dr Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas, outlined the government’s roadmap to support India’s projected economic growth of over 7%. He stressed the importance of strengthening domestic exploration and production to enhance energy self-reliance while positioning India as a dependable global supplier of refined petroleum products. He also highlighted the increasing role of digitalisation, artificial intelligence, and logistics optimisation in improving efficiency and resilience across the energy value chain.
The final day of IEW 2026 also featured the announcement of awards recognising innovation, technological excellence, and leadership across startups, academia, and industry.
Under the AVINYA – The Energy Startup Challenge, Minimines Cleantech Solutions was declared the winner for its proprietary HHM process enabling low-carbon recovery of high-value materials from end-of-life lithium-ion batteries, with applications extending to solar panels, catalytic converters, and permanent magnets.
The VASUDHA – Overseas Upstream Startup Challenge was won by SENERGETICS, The Netherlands, for its AI-driven corrosion monitoring solutions designed to enhance safety, reliability, and sustainability in upstream operations.
The Hackathon Challenge was won by IIT Bombay for Aura, an AI-powered unified reservoir analysis platform integrating advanced machine learning to improve exploration and production decision-making.
Industry excellence was recognised through the FIPI/IIP Annual Awards, with Oil and Natural Gas Corporation Limited (ONGC) named Exploration Company of the Year and Oil India Limited awarded Oil & Gas Production Company of the Year (Over 1 MTOE). Reliance Industries Limited’s SEZ Refinery at Jamnagar was honoured as Refinery of the Year, while innovation leadership awards were jointly conferred on Indian Oil Corporation Limited’s R&D Division and Mangalore Refinery & Petrochemicals Limited’s Innovation Center.
India Energy Week 2026 concluded by reinforcing India’s position as a credible and pragmatic global energy leader, capable of balancing energy security, affordability, and sustainability while fostering innovation and international collaboration across the energy ecosystem.
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