Abstract: The fight for hegemony in Central Asia has existed for ages. Strategically placed between two nuclear powers—Russia and China—and geopolitically located at the heart of Eurasia, Central Asia has always remained in global limelight. Even after the disintegration of the USSR, the geopolitical importance of Central Asia never waned down, instead emerged as a grand chessboard for regional and extra-regional player for the immense opportunities it has offered in the form of widely untapped natural resources and geostrategic leverages. Importantly, it has emerged as the latest geological landscape for the energy crunch countries as potentially new and non-OPEC source of oil and natural gas. In the quest for energy security and diversity of supply sources by the energy consumers, the heartland region has witnessed a new great game in the scramble for resources. This accentuated struggle for oil and energy in the region has further led to aggressive foreign policy formulations and strategic calculation by countries like the United States, China, European Union, Japan, Israel, Iran, Pakistan and India, to which many now call as the New Great Game for not just controlling but administering the energy resources of the region. The bottom line of the New Great Game unlike the previous version is essentially played out around petropolitics and pipeline diplomacy. It is in this context this research article makes a modest attempt to examine the energy factor in the geopolitics of Central Asia and tries to figure out the position of India in the epic quest for oil in the traditional bastion of Russia and the new grand chessboard of China and the United States. Full text available here.