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India - Mauritius Joint Announcement : Special Economic Package

Published By : Admin | September 11, 2025 | 13:53 IST

The Prime Minister of the Republic of Mauritius, His Excellency Dr. The Honourable Navinchandra Ramgoolam undertook a State Visit to India at the invitation of His Excellency Shri Narendra Modi, Prime Minister of the Republic of India. The two Prime Ministers held very fruitful discussions on a wide range of bilateral issues. On the basis of requests submitted by the Government of Mauritius, the following projects have been agreed, in principle, to be jointly implemented by India and Mauritius.

Projects/Assistance to be undertaken on Grant basis

I. New Sir Seewoosagur Ramgoolam National Hospital.

II. AYUSH Centre of Excellence.

III. Veterinary School and Animal Hospital.

IV. Provision of helicopters.

It is estimated that the costs of these project and assistance requested would be approximately USD 215 million/MUR 9.80 billion.

Projects/Assistance to be undertaken on Grant-cum-LOC basis

I. Completion of construction work of new ATC tower at SSR International Airport.

II. Development of Motorway M4.

III. Development of Ring Road Phase II.

IV. Acquisition of port equipment by CHCL.

Estimated costs of these projects/assistance would be approximately USD 440 million/MUR 20.10 billion.

2. On the strategic side the two sides have also agreed, in-principle, for the following:

I. Redevelopment and restructuring of Port in Mauritius; and

II. Assistance in development and surveillance of Chagos Marine Protected Area.

3. It was also in-principle, agreed that the Government of India will extend budgetary assistance of USD 25 mn in the current Financial Year.

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Prime Minister Shri Narendra Modi interacted with CEOs of the global energy sector as part of the ongoing India Energy Week (IEW) 2026, at his residence at Lok Kalyan Marg earlier today.

During the interaction, the CEOs expressed strong confidence in India’s growth trajectory. They conveyed their keen interest in expanding and deepening their business presence in India, citing policy stability, reform momentum, and long-term demand visibility.

Welcoming the CEOs, Prime Minister said that these roundtables have emerged as a key platform for industry-government alignment. He emphasized that direct feedback from global industry leaders helps refine policy frameworks, address sectoral challenges more effectively, and strengthen India’s position as an attractive investment destination.

Highlighting India’s robust economic momentum, Prime Minister stated that India is advancing rapidly towards becoming the world’s third-largest economy and will play a decisive role in the global energy demand-supply balance.

Prime Minister drew attention to significant investment opportunities in India’s energy sector. He highlighted an investment potential of around USD 100 billion in exploration and production, citing investor-friendly policy reforms introduced by the government. He also underscored the USD 30 billion opportunity in Compressed Bio-Gas (CBG). In addition, he outlined large-scale opportunities across the broader energy value chain, including gas-based economy, refinery–petrochemical integration, and maritime and shipbuilding.

Prime Minister observed that while the global energy landscape is marked by uncertainty, it also presents immense opportunity. He called for innovation, collaboration, and deeper partnerships, reiterating that India stands ready as a reliable and trusted partner across the entire energy value chain.

The high-level roundtable saw participation from 27 CEOs and senior corporate dignitaries representing leading global and Indian energy companies and institutions, including TotalEnergies, BP, Vitol, HD Hyundai, HD KSOE, Aker, LanzaTech, Vedanta, International Energy Forum (IEF), Excelerate, Wood Mackenzie, Trafigura, Staatsolie, Praj, ReNew, and MOL, among others. The interaction was also attended by Union Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri and the Minister of State for Petroleum and Natural Gas, Shri Suresh Gopi and senior officials of the Ministry.