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162     INDIA'S HYDROCARBON OUTLOOK 2024-2025



            even  as  we  transition  toward  renewables  and  9.4 Key Actionable Areas of HENE
            cleaner  fuels.  The  upstream  oil  and  gas  sector   Department
            must  evolve  to  stay  relevant  in  a  transitioning
            global  energy  landscape.  Pragmatism  in  The  HENE  department  is  tasked  with  advancing
            upstream  development  means  integrating  innovations  and  policies  that  drive  energy
            decarbonization  efforts  without  compromising  transition in the upstream oil and gas sector with
            energy  security,  affordability,  and  economic  the emerging geological energy sources within the
            growth.  Setting  clear  targets  and  preparing  current  E&P  framework.  The  functions  roles  and
            roadmaps  for  net-zero  is  essential  to  driving  a  responsibilities of HENE is given below.
            low-carbon energy future.
                                                              9.4.1 Key Functions
            India’s  energy  landscape  is  undergoing  a
            transformative  shift  as  the  nation  embraces       To  advise  the  Ministry  on  hydrocarbon
            a  sustainable  future.  Central  to  this  evolution   efficiency  and  decarbonization  in  the
            is  the  imperative  to  enhance  hydrocarbon         upstream oil and gas sector.
            efficiency while simultaneously integrating new       To assess basin wise CO2 storage potential
            energy sources. This dual approach is pivotal in      for CCUS, Geothermal and Natural Hydrogen
            ensuring  energy  security,  reducing  reliance  on   energy prospectivity.
            imported  fossil  fuels,  and  mitigating  adverse
            environmental  impacts,  including  greenhouse    To       advise   the   Government     in   the

            gas emissions and air pollution.                      development  of  composite  licenses/leases
                                                                  that  synergizes  oil  and  gas,  geothermal,
            9.3 Establishment of Hydrocarbon                      white  hydrogen,  and  renewable  (wind  and
            Efficiency & New Energy (HENE)                        solar) energy projects.
            Department
                                                                  To  expand  the  National  Data  Repository
            To  support  oil  and  gas  operators  in  achieving   (NDR)  of  DGH  by  incorporating  data  on
            their net-zero targets, promote decarbonization,      new geological energy such as geothermal
            and integrate new energy sources into existing        energy and natural hydrogen.
            operations,  DGH  established  the  Hydrocarbon
            Efficiency and New Energy (HENE) Department,      9.4.2 Roles and Responsibilities of HENE
            which was launched by the Hon'ble Minister of     The  HENE  shall  have  following  Roles  and
            Petroleum  &  Natural  Gas,  Shri.  Hardeep  Singh   Responsibilities of HENE
            Puri during the Inaugural edition of UrjaVarta on
            11th July 2024.                                       Develop  reporting  standards  for  GHG
                                                                  emission  measurements  and  verification
            The department focuses on driving decarbonization     mechanisms in upstream operations. It will
            practices,  improving  hydrocarbon  efficiency,  and   collaborate  with  national  and  international
            integrating  new  geological  energies,  including    agencies  to  establish  emission  reporting
            geothermal and natural hydrogen, into existing oil    standards.
            and gas operations.
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