Bioenergy, green hydrogen top India's energy agenda amid West Asia tensions
Synopsis
India's Energy Security Push
The Centre's focus on bioenergy and green hydrogen reflects a longer-term structural shift in India's energy policy. Both sectors have featured prominently in the government's net-zero commitments and its push to reduce dependence on imported fossil fuels. With crude oil prices sensitive to any escalation in the Strait of Hormuz corridor, the urgency to accelerate domestic energy alternatives has intensified.
What Comes Next
The Informal Empowered Group of Ministers is expected to continue monitoring energy supply chain risks. Industry observers will watch whether the government follows up its citizen appeals with formal policy measures — including fiscal incentives for bioenergy and green hydrogen deployment — in the weeks ahead.
Key Takeaways
Prime Minister Narendra Modi's Principal Secretary and former Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday, 11 May said bioenergy and green hydrogen would remain among the Centre's top priorities as India moves to strengthen energy security and economic resilience amid escalating geopolitical tensions in West Asia.
Das made the remarks at the CII Annual Business Summit 2026 in Mumbai, where he underscored that India's resilience continues to be anchored in macroeconomic stability, with the government's fiscal position and the banking system remaining stable despite global uncertainties.
Key Remarks by Shaktikanta Das