India must harness technology to bolster energy security: ONGC chief

India's energy security depends critically on deploying technologies that address pressing and strategic requirements, according to ONGC Chairman and CEO Arun Kumar Singh. Speaking on the nation's energy challenges, Singh emphasized that with limited resources at hand, India cannot afford a scattered approach to technological development in the energy sector.

The ONGC leadership's position reflects growing concerns about India's ability to meet rising energy consumption while managing fiscal constraints. The country's dependence on energy imports and volatile global markets has intensified focus on domestic production and efficiency improvements across the energy value chain.

Singh's call for focused technology investment suggests prioritizing solutions that can deliver measurable results in near-term energy availability while simultaneously strengthening India's long-term energy independence. This approach aligns with broader government initiatives to enhance domestic hydrocarbon exploration and develop renewable energy infrastructure.

The emphasis on strategic technology deployment comes as India navigates energy transition challenges, balancing growing electricity demand from rapid industrialization and urbanization with sustainability goals. Industry experts view targeted technological advancement as essential to reducing import dependency and stabilizing energy costs for the economy.