Courtesy: indilens.com
The India-U.S. nuclear agreement represents a $17 billion opportunity for Indian business. It will also help India secure fuel for its indigenous reactors, and contribute to cheap and plentiful energy. But a major concern remains—will these projects be efficiently executed?
Courtesy: RIA-Novosti, Mikhail Klimentyev, Presidential Press Service
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
Courtesy: Wikimedia.org
Bringing U.S. nuclear technology to India is a goal identified in the countries’ joint vision statement. Although public discourse on the India-U.S. nuclear deal has focussed on the liability clause, the pact’s success also depends on resolving other factors such as local sourcing, technology transfer and project delays
Courtesy: pmindia.nic.in
The India-Australia civil nuclear deal goes much beyond providing for India’s energy needs. The deal will help New Delhi’s bid to enter the Nuclear Suppliers Group and other technology control regimes. The ties with Canberra also have the potential to develop into a strong strategic partnership
Courtesy: Wikimedia\Floyd Rosebridge
Cooperation in the energy sector offers a chance for India and the U.S. to build on a mutually beneficial and complementary relationship. The U.S. will gain from having a large, long-term market while India will benefit from cheaper and more diversified energy sources
Courtesy: Indian Embassy Thimphu
India’s long-term positive relationship with Bhutan is underpinned by hydropower: India helped develop Bhutan’s power projects and we purchase the surplus energy.The India-Bhutan relationship can be a model for improving links with Nepal which is trying to develop at least three projects jointly with India
Courtesy: Nandu Chitnis/Wikimedia Commons
Russia’s gas supply agreement with China represents a shift away from its traditional European markets, towards Asia. The deal presents a blue print that India can follow to secure its own energy supplies and by drawing Russia into the LNG business, India can help bring down natural gas prices
Courtesy: Ministry of External Affairs
As large importers of natural gas, India and Japan have a common interest in lower energy prices. The two Asian giants must work together – in North America, Australia and Africa – to help bring new supplies to the market
Courtesy: Pline/Wikimedia Commons
India’s domestic demand for natural gas is only growing. Prime Minister Narendra Modi’s is looking to convince the U.S. government to sell LNG to India by exempting it from the requirement of a compulsory Free Trade Agreement (FTA) during his September trip. Another source for LNG for India can be Russia which is currently facing western sanctions and is looking to Asia as a gas export destination. India can benefit from both
Courtesy: Ministry of External Affairs, India
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month