Tag: IEW 2026

Business

IEW 2026 Wraps Up in Goa with Awards for Clean Energy and Technology Excellence

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Written by Intern Rency Gomes ||Team Allycaral 

Goa, January 30, 2026:
India Energy Week (IEW) 2026 concluded in Goa, celebrating innovators, startups, and leaders driving India’s energy transition. The four-day event, held from January 27 to 30, brought together policymakers, investors, and industry executives to discuss solutions for a secure, sustainable, and affordable energy future.


Startups Take Centre Stage

The AVINYA Energy Startup Challenge highlighted emerging Indian companies delivering technology-driven solutions:

Winner: Minimines Cleantech Solutions – for low-carbon recovery of high-value materials from end-of-life lithium-ion batteries.

1st Runner-Up: Ossus Biorenewables – for converting industrial wastewater into green hydrogen.
2nd Runner-Up: Tranzmeo IT Solutions – for AI-powered fiber-sensing applications for pipelines and CCUS processes.
3rd Runner-Up: Rezlytix Technologies – for AI-driven tools optimising oil and gas exploration.
4th Runner-Up: Petrobot Technologies – for robotic inspection in hydrocarbon plants.
The international VASUDHA Upstream Startup Challenge recognised global innovators:
Winner: SENERGETICS, The Netherlands – for AI-based corrosion monitoring.
Runner-Up: Resermine Inc, USA – for hybrid reservoir engineering solutions.

Hackathon Highlights
Seven premier institutes competed in a hackathon focused on energy technology:
Winner: IIT Bombay – for Aura, an AI-driven unified reservoir analysis platform.
Runner-Up: IIT Delhi – for a circular economy approach converting steel industry waste into CO₂ capture solutions.
Industry Excellence Awards
The Federation of Indian Petroleum Industry (FIPI) recognised outstanding achievements:
Exploration Company of the Year: ONGC
Production Company of the Year (Over 1 MTOE): Oil India Limited
Production Company of the Year (Under 1 MTOE): Sun Petrochemicals Pvt. Ltd.
Refinery of the Year: Reliance Industries Ltd., SEZ Refinery, Jamnagar
Innovator of the Year (Joint Winners): Indian Oil R&D Division & Mangalore Refinery Innovation Center
Best Managed Project: Shell India (PMG JV)
City Gas Distribution Co. of the Year: Indraprastha Gas Limited
Pipeline Transportation Co. of the Year: BPCL
Oil Marketing Co. of the Year: HPCL
Young Achievers: Ms. Vanashree Mahatre & Mr. Karthik R.
The awards reflected India’s commitment to energy innovation, sustainable growth, and global leadership.

National

India Energy Week 2026 Wraps Up in Goa, Highlighting India’s Role in Global Energy

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Written by Intern Rency Gomes || Team Allycaral 

India Energy Week (IEW) 2026 concluded in Goa on January 30, with policymakers and industry leaders underlining India’s preparedness to navigate global energy volatility while strengthening its position in international energy dialogue.


Speaking at the closing ceremony, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said India has successfully managed successive geopolitical disruptions by diversifying energy sources and steadily advancing cleaner fuels. He noted that India remains among the world’s largest energy consumers and refiners, while continuing to ensure availability and affordability for domestic consumers.
The Minister highlighted the government’s focus on compressed biogas, ethanol blending, green hydrogen and biofuels, alongside sustained investments in conventional energy. He said that despite global price fluctuations, India has maintained stable fuel pricing and uninterrupted supply for consumers.
Secretary, Ministry of Petroleum and Natural Gas, Neeraj Mittal, outlined plans to strengthen domestic exploration and production to meet rising energy demand driven by economic growth. He also emphasised the integration of refining and petrochemicals, adoption of digital technologies and use of artificial intelligence to improve efficiency and reduce costs.
India Energy Week 2026, held from January 27 to 30, brought together global leaders, policymakers and industry experts, reinforcing the platform’s role in shaping dialogue around energy security, sustainability and affordability, while positioning India as a steady and reliable participant in the evolving global energy landscape.