New Delhi: Union Minister Dharmendra Pradhan delivered the inaugural address at the 10th World PetroCoal Congress 2020 and shared my views on bringing synergy in petroleum, coal, gas & bio-energy industry and how innovation & technology are playing a frontier role in bringing about a green energy transition.
“GoI’s approach to energy policies is based on energy access, energy sustainability, energy affordability, energy efficiency and energy security. These five guiding principles dictate our path to ensure energy justice to all our citizens.Our target to transform India into a $5 trillion economy by 2024 requires major energy transition involving all sources of energy. As we chart a path towards a #NewIndia, it is vital to build a sustainable energy infrastructure that can cater to the needs of all,” said Minister Dharmendra Pradhan.
“The recently concluded 10th CGD bidding round will help improve access to natural gas to nearly 70% of India’s population in more than 400 districts across the country. An estimated investment of $60 billion is lined up in development of gas infrastructure, which includes pipelines, CGD and LNG re-gasification terminals. Under PM Shri Narendra Modi ji’s leadership, India is working on ‘One Nation, One Grid’ concept,” said Minister Dharmendra Pradhan.
“India took the lead in the global energy transition by promoting International Solar Alliance and is leading the global movement in embracing renewable energy. We have an ambitious plan to increase renewable energy capacity to over 175 GW by 2022 and up to 450 GW subsequently,” said Minister Dharmendra Pradhan.