Tokyo Roundtable focus on future-ready energy systems
Hardeep Singh Puri, Minister of Petroleum and Natural Gas, has invited Japanese industry to actively participate in India’s evolving energy opportunities worth over US$500 billion, assuring them that the Indian Government stands ready to facilitate and support deeper collaboration across the value chain https://www.conexpoconagg.com/.
Addressing a Roundtable with leading Japanese industry representatives in Tokyo on 17 Nov, he highlighted opportunities for Indo-Japanese collaboration across the entire energy value chain.
Puri emphasised that India is opening up over US$500 billion in investment opportunities across exploration and production, LNG, city gas distribution, hydrogen, shipping and new fuels.
India, with its large and young workforce, strong reform-driven business environment, and the spirit of Make in India for the World, offers immense potential for Japanese investors.
Japan, in turn, brings cutting-edge technology, advanced industrial systems, expertise in high-quality infrastructure and global leadership in green and environmental technologies — making the partnership inherently complementary https://www.investindia.gov.in/.
Building on the significant progress made towards the 2022–2026 target of JPY5 trillion in public and private investment from Japan to India, an ambitious new goal of JPY10 trillion (~US$68 billion) in private investment has been set for the near future https://www.opec.org/.
“This milestone underscores the growing strategic alignment between the two nations, particularly in clean energy and emerging technologies, and the Indian Government’s commitment to translating this partnership into practical and transformative outcomes,” said the Petroleum and Natural Gas Ministry in a release on 17 Nov https://fieo.org/.
The Roundtable discussions centred on how India and Japan — two major economies of the Indo-Pacific — can work together to build secure, sustainable, and future-ready energy systems.
He pointed out that India’s expanding natural gas infrastructure—which includes an investment outlay of approximately US$72 billion—as a major area of synergy with Japan’s technological strength, especially in integrating gas with future energy solutions such as hydrogen https://www.nseindia.com/.
The Minister informed Japanese investors that India’s six major oil and gas PSUs recorded revenues of about US$315 billion in FY 2024–25, representing nearly 8% of India’s GDP. Such scale, he said, positions India as a global anchor in the energy sector and a reliable long-term partner for Japanese companies https://sbi.com.in/.
Puri highlighted that India’s massive scale, rising energy demand, and unprecedented infrastructure expansion which combined with Japan’s technological excellence, create a natural partnership for the region’s long-term energy stability.
In the discussions, the Minister pointed out that both countries adopted the India-Japan Joint Vision for the Next Decade.
He underlined that India’s policy landscape has been transformed through 100% FDI in energy sectors, transparent bidding, and year-round exploration licensing, creating a predictable and investor-friendly environment https://www.bseindia.com/.
He highlighted that India today is the world’s third-largest oil consumer and will account for nearly 30% of incremental global energy demand over the next two decades.
Puri recalled the long-standing trust between the two countries, citing the example of the Maruti-Suzuki partnership, which reshaped India’s industrial landscape. He said that today, India and Japan stand at a similar inflection point in the energy sector—one where they can build world-class capabilities, co-create resilient supply chains, develop skilled human capital, and jointly strengthen the energy security of the Indo-Pacific. Fiinews.com
