Panaji, December 22, 2023

 

Dynamic and Vibrant Goa will host the second edition of one of the most prestigious energy events India Energy Week (IEW) - 2024 at the IPSHEM-ONGC Training Institute in the southern part of the state from 6 to 9 February, 2024.

IEW enjoyed immense success at the debut edition earlier this year, which was inaugurated by the Hon’ble Prime Minister of India Shri Narendra Modi.At IEW 2023, ministers, CEOs and energy leaders acknowledged the resilience in India’s energy sector and its potential as an upcoming demand centre. They also appreciated India’s efforts at charting a roadmap for energy transition while ensuring energy security for its people. The grand scale of IEW 2023 confirmed it as a pre-eminent energy event with nearly 37,000 attendees from 149 countries. Moreover, 326 companies participated in exhibitions, and 315 speakers shared their insights in over 80 conference sessions.

Organized by the Federation of Indian Petroleum Industry [FIPI] under the aegis of the Ministry of Petroleum and Natural Gas, Government of India, India Energy Week, 2024 will serve as a catalyst for meaningful discussions, knowledge exchange, and collaboration among industry experts, policy makers, academia and entrepreneurs.

IEW 2024 is expected to draw over 35,000+ attendees, 350+ exhibitors, 400+ speakers and 4,000+ delegates, from over 100 countries. The event will host an extensive array of exhibitors, spanning core oil field services, lending dynamism to the atmosphere.

During IEW 2024, ministerial, leadership, technical sessions and roundtables will explore varied themes like energy transition of the global south, building a future ready energy stack, chartering the roadmap of alternate fuels for energy optionality and impact of localization, regionalization and globalization on energy-related industrialization and manufacturing processes.

Preparations in Goa

With the clock winding down to the designated date, various government departments, including the nodal ministry at the Centre and Goa administration, are working tirelessly to cover all possible logistical and environmental aspects involved in hosting a mammoth gathering to ensure that the local life remains unaffected.

The government of Goa has offered to provide 40 electric buses, which would help cut the carbon footprint in ferrying delegates. Further, locations are being identified for disposal of sewage and other disposable waste during the event. The deployment of adequate traffic police personnel has also been planned to ease the pressure on local commuters.

Significance of IEW, 2024

India has enjoyed significant success in answering the challenges of simultaneously ensuring energy security and energy transition.

The country has responded to the daunting challenge through a slew of measures encompassing, but not limited to, increasing domestic crude oil and natural gas exploration and production, rapidly raising ethanol blending in petrol to cut imports and keep prices affordable, and deploy large-scale renewable power generation capacity at a lower cost than thermal power.

IEW provides an opportunity for the world to learn from India’s dynamic decision making in the face of volatility to ensure accessible, affordable and clean energy to its citizens.

IEW is also expected to highlight India’s leadership in the battle against climate change while allowing stakeholders across the energy spectrum to freely exchange ideas and explore opportunities under one roof.

In India, the world has found a viable template to balance the dual challenges of energy security and energy transition. In Goa, the global energy ecosystem can study India’s template and evolve new strategies for a prosperous and sustainable world.

Quotes

“The spotlight at IEW 2024 will demonstrate India's intricate energy landscape, characterized by a diverse energy mix, rapid growth in renewable energy, challenges related to energy access, urbanization, and economic development, all within the context of addressing climate change”.

- Mr Gurmeet Singh, Director General, Federation of Indian Petroleum Industry (FIPI)

“IEW will be also provide a tremendous increase in tourist footfalls with over 35,000 people visiting the beautiful state of Goa. We are working very closely with the Government of Goa, which is extending all cooperation - to have a world class infrastructure support, traffic management among other things”.

- Mr Sanjeev Singhal, Executive Director & Head, Institute of Petroleum Safety, Health and Environment Management (IPSHEM | ONGC)

“IEW 2024 builds on the first edition of IEW, which was inaugurated by the Hon’ble Prime Minister, Shri Narendra Modi who underscored the unprecedented possibilities emerging in India’s energy sector and this time we will ensure that the event will foster partnerships, drive innovation, and explore solutions that will propel India's energy sector into a sustainable and vibrant future”.

- Mr Rajeev Jain, Director General, Press Information Bureau (PIB)

 

 

GSK/RB/PM

 

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