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EN
For energy security, way forward is not public or private, but both
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The Indian Express
There appears to be a misplaced underlying assumption that government ownership of these Maharatnas stands between India’s energy security and the need to create a resilient energy supply ecosystem.
Strategic reserves and domestic production serve different but complementary purposes.
Renewable energy and domestic fuel alternatives must be central to India’s energy security strategy.
India must pursue a two-pronged strategy: Strengthen domestic production while expanding strategic reserves.
The way forward is not either public or private, but both: Back institutions that have delivered over decades while creating space for new players in exploration, production and storage.