A fall in oil prices has pushed down the values of oil companies globally, giving India a rare chance to acquire assets cheap and hedge its economy against future increases in energy prices. There are plenty of plum assets to pick from—such as Rosneft, the state-owned Russian oil major
Fellow, Energy & Environment Studies Programme
Amit has worked in the business media and financial markets for over a decade. He started his career with Economic Times, where he tracked the energy sector. He was a part of the start up team of ET Now, the business news channel. Amit was responsible for setting up India Reality Research, a new research outfit within CLSA India, a stock broking firm. He has also worked with Deccan Chronicle Group as the business editor for their general dailies. He holds an Masters in Business Administration from IIM- Ahmedabad and a Bachelors degree in Technology from IT-BHU. Download high-res bio image
Geopolitics of energy sources and supplies, energy technology and global energy markets
Last modified: December 8, 2017
The five-day strike threatened by Coal India’s unions has driven home the risks India faces due to excessive dependence on a single company. The Indian economy needs to be secured against such blackmail by diversifying—using more gas and hydropower, and by getting other public sector firms such as NTPC into coal mining
The India-Russia nuclear agreement envisages 12 nuclear reactors to be built in India. These will help India shift its energy mix towards nuclear power, which is cheaper than coal and less polluting
Space exploration may take a hit as terrestrial politics plays spoilsport with the U.S. government spearheading a sanctions programme against Russia. With China pursuing an independent space programme of its own, Russia’s departure from the effort may mark the beginning of a divided space once again after the Cold War
Last week, petroleum prices reached a five-year low, and the fall is likely to last as new production and alternative sources enter the market. India, which has a huge petroleum products bill, now has a chance to shock-proof its economy, diversify dependence away from West Asia, and become energy-efficient
On 12 November the U.S. President Obama and Chinese President Xi Jinping signed a climate a deal to reduce green house gases by 2030. Amit Bhandari, Energy and Environment Fellow, Gateway House, comments on the impact of the deal on India's position on climate change negotiations going forward.
On 12 November the U.S. and China announced a Climate deal along the sidelines of the APEC Summit. Amit Bhandari, Energy and Environment Fellow, Gateway House, comments on the significance of the deal.
The fall in oil prices is creating new complexities for the energy exporting economies of West Asia. With smaller profits, these countries may not be able to buy off political dissent at home and fund client governments and rebels abroad. Lower energy prices could also mean a renewed chance for peace
On 18 October the Indian government announced it would deregulate the price of diesel and allow it to move to market conditions. Amit Bhandari, Energy and Environment Fellow, Gateway House, explains the impact of this change.
On 18 October the Indian government announced it would deregulate the diesel and formalising the price formula for natural gas. Amit Bhandari, Energy and Environment Fellow, explains the impact of this change.