India and Brazil Reinforce Cooperation in Energy Sector
India’s Minister of Petroleum and Natural Gas Hardeep S Puri and Brazil’s Minister of Mines and Energy Alexandre Silveira jointly reviewed existing collaborations in the energy sector, including Indian upstream investments, strengthening bilateral trade ties, and cooperation on sustainable fuels, particularly biofuels.
September 21, 2024. By Mrinmoy Dey
During his three-day visit to Brazil, India’s Minister of Petroleum and Natural Gas Hardeep S Puri met Brazil’s Minister of Mines and Energy Alexandre Silveira and jointly reviewed the existing collaborations.
In the oil and gas sector, the sides recognised the trust reposed by Indian companies in the oil and gas sector which has resulted in Brazil being one of the largest destinations for investments by Indian Oil and Gas companies in the world.
The sides also reaffirmed their commitment to identify new possible mechanisms for increasing the presence of Indian companies in the country, including through new investment opportunities in producing assets. The sides, while recognising the complementarities in the trade sector, committed to identifying ways of enhancing the trade between the two countries, including through innovative mechanisms.
As founding members of the Global Biofuels Alliance, both sides reiterated the crucial role the Alliance will play in positioning biofuels as a key component of the global energy transition, contributing not only to environmental sustainability but also to socioeconomic growth.
The sides looked forward to co-hosting an India-Brazil Clean Cooking Ministerial Meeting on the sidelines of India Energy Week 2025 in February 2025, which would provide an opportunity to explore collaborative pathways for enhancing clean cooking access globally.
please contact: contact@energetica-india.net.
Aman Mehtani
Founder & Group CEO
ADM Group Offers Smart, Sustainable Solutions for Global Automotive Industry
Gaurav Dolwani
CEO
From Scrap to Sustainability: LICO Materials’ Circular Economy Approach
Gaurav Kumar
Head of Supply Chain and Manufacturing
Euler Motors Bridges Cost Gap Between EVs and ICE Vehicles with Localization
Shveta Arya
India Region Leader
Powering India’s Mobility Future: Cummins Showcases Advanced Power Solutions at Bharat Mobility
Samkit Shah
Co-Founder
Jitendra EV Leading Hybrid EV Revolution with Hydrix