As India lays the foundation for a green future, it is acutely aware of the stranglehold China has over lithium and cobalt, key components in commercial batteries. To secure end-to-end supply chains, India is actively exploring mining options both at home and abroad.
The Modi government has mandated that Indian telcos can buy network equipment only from ‘trusted sources’. Though it has not yet specified these sources, the decision will almost certainly bar Chinese companies, which many suspect are an extension of the deep state in Beijing.
Wind farms are playing an increasingly important role in meeting India’s energy demands, sustainably. However, significant challenges still remain. With steep targets for wind generation looming, the pressure is on the government to keep investor sentiment up and the project pipeline running.
As the world limps out of 2020, a new US presidency is likely to guide the global hydrocarbons and renewables industry in a new direction. The implications for India, the world’s second largest oil importer, a signatory to the Paris Accord and the head of the International Solar Alliance, is likely to be profound.
As the cost of labour rises in large shipbuilding nations, India has a chance to gain a larger share of manufacturing in the years to come so that it can supply vessels to both domestic and international customers.
Expanding its native wet freight capacity will be crucial to ensuring India’s energy security.
Carbon capture and storage could well be the key to keep fossil fuel generators running while the country stays on track to achieve its climate goals.
As India explores new technologies for supporting its push towards a green future, fuel cells are likely to play an important role.
With one eye on energy and natural resource security and another on checking China’s expansionism in Central Asia, deepening ties with Tajikistan, Kyrgyzstan, Turkmenistan, Uzbekistan and Kazakhstan will gain importance in the years ahead.