Stories
250 words
2
Entries

Stories

Public sector oil company leadership on energy innovation and security

Still running. 2 entries so far, over 6 days from 4 September 2026.

01
4 September

IOCL chairman on energy innovation investment

  • IOCL Chairman A. S. Sahney highlighted a significant under-investment in energy innovation within India.
  • Total startup funding in India over the last 5-6 years reached approximately ₹5.5 lakh crore.
  • The energy sector received only ₹11,000 crore, accounting for roughly 2% of total startup funding.
  • Excluding solar and wind energy, funding for other energy innovations drops to less than ₹1,000 crore.
  • India's energy demand is projected to double within the next 15-20 years, necessitating increased innovation and startup participation.
02
9 September

ONGC Chairman on energy security innovation

  • ONGC Chairman Arun Kumar Singh emphasized the necessity of prioritizing resources toward technologies that address India's immediate and strategic energy requirements.
  • The strategy for strengthening India's energy security relies on three pillars: technology, innovation, and efficient deployment of resources.
  • The call for innovation was made during the MC²+ IGNITE Mumbai City Connect event held at IIT Bombay.

Questions from this story

Newest first. A story that ran for 6 days is exactly the kind the mains paper asks about as one question.

  1. Discuss the role of technological innovation in achieving energy security for a developing economy like India. How can strategic resource deployment mitigate energy vulnerabilities? 150 words · 9 September
  2. Despite India's growing energy requirements, the innovation ecosystem in the energy sector remains under-capitalized. Analyze the challenges in attracting venture capital to deep-tech energy startups and suggest policy measures to bridge this funding gap. 150 words · 4 September
  3. Energy security is a cornerstone of India's economic growth. In light of the projected doubling of energy demand over the next two decades, discuss the role of innovation and the startup ecosystem in achieving a sustainable energy transition. How can the government facilitate a more robust investment climate for energy-tech beyond conventional renewables? 250 words · 4 September