India: The Emerging Energy Player

Chapter VIII

The Indian Energy Diplomacy: Beyond the Security Paradigm

India is emerging as a leading and dynamic player among the first five economies of the world in the next three decades.¹ This inevitably has implications for its energy policy. The acceleration in the pace of the economy is bound to change its energy profile. The new energy demand is likely to be so huge that it has to engage itself at a much wider scale with the world energy market. It is precisely to meet the growing needs that today it conducts energy transactions with as many as 47 countries.² These countries are far and near, from all the continents of Asia, Africa, Europe, South and North America.³ Its energy trade is increasingly becoming dynamic. Though a net importer ...