How will BRICS energy pact pan out?
Cooperation areas
Source: The Hindu Business Line | Original Published At: 2026-01-27 00:30:00 UTC
Key Points
- BRICS energy cooperation spans hydrocarbons, renewables, critical minerals, and infrastructure with emphasis on local-currency trade
- China and Russia identified as key agenda-setters due to energy consumption scale and supply capabilities
- India's strategic position highlighted as growing energy importer balancing diversification and China relations
- New Development Bank supports nuclear energy projects as part of low-carbon transition strategy
- Expert analysis suggests BRICS functions as coordination platform rather than unified cartel, with bilateral deals driving tangible outcomes