IOC is investing 1 trillion Indian rupees ($13.49 billion) to raise its refining capacity by 25 million tonnes a year in next 2-5 year,

In the first four months of this financial year (FY), from April to July 2021, investment in the Indian renewable energy sector reached US$6.6 billion, surpassing the US$6.4 billion level for FY2020/21 and on track to easily overtake the US$8.4 billion total achieved in 2019/20 prior to the pandemic.

The Solar Energy Corporation of India (SECI) awarded 1,350 MW as part of the Tranche IV auction for 1,200 MW interstate transmissions system (ISTS)-connected wind-solar hybrid power projects on a build, own and operated basis (India).

The Indian power electric utility Tata Power targets 15 GW of renewables capacity by 2025 and 25 GW by 2030.

India’s refining capacity stood at 251 Mt/year at the end of 2020. India is the fourth largest producer of oil products in the world, with an output of 232 Mt in 2020 (-11% compared to 2019). The country is a net exporter of oil products (12.5 Mt in 2020).

The Solar Energy Corporation of India (SECI) plans to tender a 2,000 MWh standalone energy storage system (ESS).

"In our oils-to-chemicals business, we generated strong earnings through our integrated portfolio and superior product placement capabilities," said Mukesh Ambani, chairman and managing director of Reliance Industries.

In addition, the Indian power utility NTPC has committed to halve its coal-fired power capacity and to set up 60 GW of renewable projects by 2032. NTPC’s current installed capacity stands at 66 GW, of which 54 GW is coal-fired.

Rosatom Director General Alexey Likhachov said the Kudankulam construction project has for many years been a symbol of close cooperation between Russia and India.

In 2019, Reliance announced the sale of a 20% stake to Saudi Aramco, the world's top oil exporting company.