“While we continue globally, obviously in oil and gas, we are also expanding into the entire renewable space. And in India, we feel good because we do have a very big presence now with Spring Energy, which is about 2.4 gigawatts in terms of already installed capacity, and we are going in for another one gigawatt this year itself. So that makes it a very substantial investment in that space,” she said.
Tripathy also highlighted that Shell is investing in technology, artificial intelligence (AI), analytics, material sciences, and safety management to support the energy transition.
Comparing India’s energy transition with other markets, she pointed out that India’s energy demand is expected to rise significantly by 2050. She stated that India’s unique energy demand profile creates opportunities for diversification and growth.
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She added that India is among the top five markets in multiple sectors and remains a key strategic focus for Shell. The company has over 13,000 employees in India.
“On the energy ecosystems, we are already present in five verticals in terms of the energy ecosystem, and that is only going to get scaled, and we are also looking at other opportunities to grow. So, a very important growth story, and we remain vested in India,” Tripathy said.
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For the entire interview, watch the accompanying video
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