Senior Fellow, Energy, Investment and Connectivity
Amit has nearly two decades of experience as a public policy researcher, an entrepreneur and a financial analyst. He is the author of "India and the Changing Geopolitics of Oil (Routlege, 2021), a book that looks at India's changing role in the global oil trade and how it can use this heft to secure energy supplies. He is also the lead author of the report "Chinese Investments in India" (Feb 2020), which looked at China's penetration of India's startup ecosystem. He is the founder of tezbid.com, a numismatic portal.
Amit started his career with the Economic Times, where he tracked the energy sector. He was a part of the start-up team of ET Now, the business news channel. Amit was responsible for setting up India Reality Research, a new research outfit within CLSA India, a stockbroking firm. He has also worked with Deccan Chronicle Group as the business editor for their general dailies.
He holds a Master in Business Administration from IIM- Ahmedabad and a Bachelors degree in Technology from IT-BHU. Download high-res bio image
The present pessimism about India’s dipping exports is a misreading of the numbers—the country’s exports have fallen because of the lower price of petroleum, and not due to any slowdown in industrial activity or reduced demand from foreign markets
Conjecture about a Rosneft-Essar deal shows how the oil market dynamics have shifted in the past few years. Just as supply security is important to oil buyers, demand security is crucial for oil suppliers. Buying refining and marketing assets in big markets like India is the route to demand security for Russia, whose economy depends on petroleum exports.
The price of petroleum has risen by almost 40% since February 2015 because of geopolitical tensions. This spike underlines the need for India to hedge its energy imports using a mix of financial markets and asset purchases
A common thread during Modi’s recent visits to China, Mongolia, and South Korea—as well as on his visits to other countries over the last year—is an attempt to move India away from coal and towards cleaner forms of energy such as solar power, natural gas, and nuclear energy. This signals a more responsible approach to development
UK may be on its way to becoming a petro state, again, on back of an oil discovery that may be a whopping 100 billion barrels. The world is awash with cheap energy, and Indian companies need to seize the opportunity to acquire upstream energy assets.
If the sanctions against Iran are eased following the April 2 agreement with the P5+1 on the country’s nuclear programme, it will increase global oil and gas supplies, bringing stability to energy markets. It could also resolve the issue of the Farsi Block in Iran, where further exploration of gas by Indian companies has been held back
Amit Bhandari, Author, Energy and Environment Fellow, Gateway House has written an article on the nuclear deal agreement between Obama and Modi which cleared two hurdles during Obama's three day visit to India for Indian Republic Day. This article was published by Livemint
The India-U.S. nuclear agreement represents a $17 billion opportunity for Indian business. It will also help India secure fuel for its indigenous reactors, and contribute to cheap and plentiful energy. But a major concern remains—will these projects be efficiently executed?
Courtesy: RIA-Novosti, Mikhail Klimentyev, Presidential Press Service
A fall in oil prices has pushed down the values of oil companies globally, giving India a rare chance to acquire assets cheap and hedge its economy against future increases in energy prices. There are plenty of plum assets to pick from—such as Rosneft, the state-owned Russian oil major
The five-day strike threatened by Coal India’s unions has driven home the risks India faces due to excessive dependence on a single company. The Indian economy needs to be secured against such blackmail by diversifying—using more gas and hydropower, and by getting other public sector firms such as NTPC into coal mining
Courtesy: Petroleum.nic.in
Courtesy: Amit Dave (Reuters)
Courtesy: Wikipedia
Courtesy: MEA Flickr
Courtesy: Alamy
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Courtesy: Livemint
Courtesy: indilens.com
Courtesy: RIA-Novosti, Mikhail Klimentyev, Presidential Press Service
Courtesy: wikimedia.org
