Closer Ties With India Could Boost Brazil's Energy Sector

Closer Ties With India Could Boost Brazil’s Energy Sector

Written by Kelly

Published on 22/08/2020 at 10:57

Bandeira do Brasil e Índia interligadas/ Imagem: Divulgação

Be the first to react!

Brazil And India Will Exchange Information On Policies And Practices For Initiatives Through A Joint Working Group Formed By Representatives Of Foreign Affairs And The Ministries Of Energy

The Brazilian government published this week the final version of the memorandum of understanding with India to develop joint initiatives in the bioenergy industry. The aim of the agreement is to seek cooperation for the energy sector such as the production of ethanol, biodiesel, biojet fuel, biogas, and other fuels like those from biomass.

India’s Energy Demand Increasing

Additionally, India’s energy demand could double by 2040, with electricity demand potentially tripling as a result of increased ownership of electrical appliances. Meanwhile, Brazil’s energy production potential for the coming decades is far greater than the expected consumption, according to its energy expansion plan for 2050, which was put out for public consultation earlier this year.

The Asian country also has extensive experience in refining initiatives, and earlier this year, Reuters reported that the Indian group Essar might be interested in making bids for assets in Petrobras’s divestment program for refineries.

Brazil could also benefit from India’s investment capacity, taking advantage of the ideological similarities between Bolsonaro and Prime Minister Narendra Modi. The Indian energy transmission company Sterlite has already been making inroads into the Brazilian market by participating in recent auctions.

“I believe Bolsonaro realized that, aside from the affinity with Modi regarding their right-wing populist styles, there are also affinities in how they handle the market. Today, India has a lot of money, with high savings rates, so it has capital to invest, and Brazil needs foreign investment,” said Vieira.

Tightening relations with India is also seen as a strategic geopolitical move for the South American nation amidst the conflict between China and India and the trade war between the US and China. “Brazil has a great opportunity to explore these conflicts and temporarily align with India as a hedge against potential tensions,” added the FGV professor.

*Source: BNamericas

Closer Ties With India Could Boost Brazil’s Energy Sector

Brazil And India Will Exchange Information On Policies And Practices For Initiatives Through A Joint Working Group Formed By Representatives Of Foreign Affairs And The Ministries Of Energy

See Also Other News

India’s Energy Demand Increasing

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Turkey is building a billion-dollar shortcut to channel billions of dollars by sea with a 45 km long canal, 275 meters wide and 20.75 meters deep, which promises to relieve the Bosphorus amid the crisis in the Strait of Hormuz.

Chevrolet Onix Activ 2027 with a 1.0 turbo engine of 115 hp, fuel efficiency of up to 15.3 km/l, and 20.1 cm of ground clearance debuts for R$ 116,000 after 7 years, featuring an adventurous look and a 15-year warranty on the oil-bathed belt.

Bosch combines diesel and ethanol in sugarcane harvesters and tests a system capable of replacing up to 60% of fossil fuel without loss of power; agricultural machines consume up to 120,000 liters of diesel per year in Brazil.

Glass box becomes a museum piece: new bathroom solution eliminates even the toughest mold spots, gets rid of grimy tracks, visually expands the space, and already dominates high-end modern projects in 2026.

Starlink, Elon Musk’s internet, is better than Fiber Optic? Satellite technology already delivers up to 220 Mb/s and 25 ms latency, but Vivo, Claro, and TIM still offer connections of up to 1 Gb/s in Brazil.

Closer Ties With India Could Boost Brazil’s Energy Sector

Brazil And India Will Exchange Information On Policies And Practices For Initiatives Through A Joint Working Group Formed By Representatives Of Foreign Affairs And The Ministries Of Energy

See Also Other News

India’s Energy Demand Increasing

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Scientists discover why gold remains unrusted for thousands of years and reveal atomic reorganization that reduces reaction with oxygen by up to 1 trillion times

A gigantic piece weighing 300 tons, equivalent to two Statues of Liberty, was hoisted almost 100 meters high in the interior of Mato Grosso do Sul to complete the largest recovery boiler in the world inside the R$ 23 billion megafactory of cellulose.

Magazine Luiza sells R$ 50 billion, but Havan profits better: Luciano Hang’s company reaches R$ 3.4 billion in profit and highlights the difference in Brazilian retail.

Brazil’s external debt rises to US$ 416.976 billion in April, says Central Bank, while investments in stocks see an inflow of nearly US$ 1 billion.

While millions receive Bolsa Família, thousands of Chinese arrive to work in Brazil, exposing the uncomfortable debate about qualification, productivity, employment, and dependence on public money.

Turkey is building a billion-dollar shortcut to channel billions of dollars by sea with a 45 km long canal, 275 meters wide and 20.75 meters deep, which promises to relieve the Bosphorus amid the crisis in the Strait of Hormuz.

Chevrolet Onix Activ 2027 with a 1.0 turbo engine of 115 hp, fuel efficiency of up to 15.3 km/l, and 20.1 cm of ground clearance debuts for R$ 116,000 after 7 years, featuring an adventurous look and a 15-year warranty on the oil-bathed belt.

Bosch combines diesel and ethanol in sugarcane harvesters and tests a system capable of replacing up to 60% of fossil fuel without loss of power; agricultural machines consume up to 120,000 liters of diesel per year in Brazil.

Glass box becomes a museum piece: new bathroom solution eliminates even the toughest mold spots, gets rid of grimy tracks, visually expands the space, and already dominates high-end modern projects in 2026.

Starlink, Elon Musk’s internet, is better than Fiber Optic? Satellite technology already delivers up to 220 Mb/s and 25 ms latency, but Vivo, Claro, and TIM still offer connections of up to 1 Gb/s in Brazil.