Tag: Oil and Gas

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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.

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Vedanta to Seek Final Shareholders’ and Creditors’ Approval for Demerger on February 18

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In a significant development, Vedanta Limited has announced that it will hold meetings of its equity shareholders and secured and unsecured creditors on February 18 to seek their final approval for the proposed demerger of the company.

The demerger, which was first announced in September 2023, aims to create five separate entities focused on aluminum, power, oil and gas, steel and ferrous, and other existing businesses under Vedanta Limited. The move is expected to simplify the company’s corporate structure, unlock value, and provide faster growth opportunities in each vertical.

According to Vedanta, the demerger will result in the creation of five independent companies, each with its own management team, governance structure, and growth strategy. The companies will be listed on the Indian stock exchanges, providing investors with direct exposure to each business.

The proposed demerger has already received clearance from the Mumbai Bench of the National Company Law Tribunal and has been approved by the stock exchanges. The meetings of equity shareholders and secured and unsecured creditors on February 18 will be the final step in the approval process.

Research firms and brokerage houses have expressed confidence in Vedanta’s demerger, seeing it as an opportunity for the company to unlock value and provide faster growth opportunities in each vertical. Emkay Research has stated that the demerger could lead to a re-rating of Vedanta’s stock, as investors will be able to take exposure to each business separately.

The share price of Vedanta Limited (VEDL) has risen by 72% in the last year, reflecting investor optimism about the company’s growth prospects. The company’s parent, Vedanta Resources Limited (VRL), has also raised $1.1 billion through new bond issuances, demonstrating strong investor demand for the company’s debt.

With the final approval for the demerger expected on February 18, Vedanta Limited is poised to embark on a new chapter in its growth journey. The company’s focus on unlocking value, providing faster growth opportunities, and creating independent businesses is expected to benefit shareholders and investors in the long run.