Strategic diversification, domestic resources help India's energy sector withstand global disruptions: S&P Global Energy

Strategic Diversification and Robust Demand Shield India’s Energy Sector from Global Disruptions, S&P Global Energy Reports

The post Strategic Diversification and Robust Demand Shield India’s Energy Sector from Global Disruptions, S&P Global Energy Reports appeared first on PNI.

Strategic diversification, domestic resources help India's energy sector withstand global disruptions: S&P Global Energy

India's energy sector is demonstrating resilience amid ongoing geopolitical uncertainties and shifts in global commodity markets, supported by diversified supply chains, strong domestic energy resources and infrastructure readiness, according to S&P Global Energy. In its latest analysis, S&P Global Energy said India is successfully safeguarding energy security while positioning itself to meet rising demand from emerging sectors such as artificial intelligence (AI) and cloud computing. According to the report, a common trend across oil, power, data centres and coal markets is India's focus on strengthening long-term energy security while supporting future economic growth. On the oil front, S&P Global Energy noted that Indian refiners have been tactically navigating disruptions around the Strait of Hormuz to maintain domestic fuel security and preserve refining margins. However, the report stressed the need for greater optionality through diversified crude import routes, deeper storage and inventory buffers, and alternative supply arrangements to reduce import-linked vulnerabilities. India's crisis management has worked in the near term, but a prolonged disruption limits complacency, particularly in securing sufficient feed through the end of the year, said Premasish Das, Executive Director and Head of Downstream Oil Research - Asia, Middle East, Africa and CIS at S&P Global Energy. Beyond fuel security, the report highlighted India's growing role in the global data centre industry. Data centre power demand in the country is expected to expand by more than 25 per cent annually, positioning India as a strategic destination for AI workloads and cross-border cloud infrastructure. Jenny Yang, Global Head of Power and Renewables Research at S&P Global Energy, in her analysis Powering the Digital Boom, said India's power grid has remained comparatively stable due to lower dependence on liquefied natural gas (LNG) imports and continued support for domestic coal production. The report further underscored the role of coal in ensuring energy stability. Despite fluctuations in global gas prices, coal demand has remained resilient, helping provide a cost-effective foundation for India's power system. Pritish Raj, Senior Manager, APAC and EMEA Thermal Coal at S&P Global Energy, in the report Coal as a Strategic Stabilizer, said coal continues to serve as a critical balancing fuel and remains a key pillar of India's energy security framework. S&P Global Energy said India's ability to combine diversified energy sourcing, domestic resource development and infrastructure expansion is helping the country navigate global volatility while supporting long-term economic and digital growth. (ANI)

Hormuz crisis shows India needs deeper oil buffers, diversified supply routes to strengthen energy security: S&P

New Delhi: The disruption in the Strait of Hormuz has highlighted the urgent need for India to strengthen its long-term energy security strategy through diversified crude sourcing, larger storage buffers and reduced dependence on import-linked fuels, according to an analysis by S&P Global Energy. The report said the ongoing supply shock has exposed structural vulnerabilities in India’s energy ecosystem despite efforts to diversify crude imports …

Report Says India Effectively Managing Global Energy Shock - Business News Week

New Delhi, June 18: India has successfully navigated the challenges posed by the recent global energy shock, according to a new report that highlights the country’s resilience amid volatile international fuel prices and supply disruptions. The report notes that despite significant fluctuations in global energy markets, India has managed to maintain stability in energy availability […] The post Report Says India Effectively Managing Global Energy…