India’s Hydrocarbon Outlook 2024 206 A Report on Exploration & Production Activities The Oil and Gas industries which are well experienced and well equipped for advanced drilling technologies can harness the earth’s natural heat for clean energy production through its integration in existing Upstream Operations. India possesses significant geothermal resources, in regions like the Himalayas, the Deccan Trap, and the Andaman and Nicobar Islands. However, the country’s geothermal energy potential remains largely untapped, with only a handful of pilot projects and limited exploration efforts to date. The Sedimentary Basins of India specially the Rift Basins holds high potential for harnessing subsurface geothermal energy using drilled wells. In India, the Ministry of New and Renewable Energy (MNRE) has drafted Geothermal Energy Development Framework in 2016 aimed at promoting exploration, development, and utilization of this renewable resource. The policy outlines measures such as resource mapping, financial incentives, and regulatory support to attract investment and foster growth in the sector. ONGC started the first-ever Geothermal Field Development Project of India in the Puga Valley region of Ladakh in the year 2021. The development of the geothermal energy industry in India holds immense potential for clean energy, economic growth, and technological innovation, providing a sustainable path forward for decarbonization and reducing dependence on imported fuels and fostering a more self-sufficient and resilient energy landscape. The Future of Clean Energy in India: Exploring White Hydrogen Landscape Hydrogen, as a zero-carbon fuel, is a key player in the energy transition and aligns with India’s commitments to combat climate change, reduce greenhouse gas emissions, and address poor air quality.
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