We’re one of the world's leading voices in energy transition, says PM Modi at India Energy Week

-

New Delhi: Prime Minister Narendra Modi on Monday said that India is one of the world’s leading voices in energy transition and developing new resources of energy as he urged global investors to explore investment opportunities in the country’s energy sector.

In his inaugural address at the India Energy Week 2023 in Bengaluru, which is being attended by several ministers, corporate leaders and experts from different nations, PM Modi said that the Budget (for 2023-34) has provided ₹10 lakh crore for capital expenditure, which will give a boost to green hydrogen, solar power and road sectors.

“I ask you to explore all opportunities connected with India’s energy sector. India is the most opportune place for investment today,” he said referring to IMF growth projections for 2023 which states that India will remain the fastest-growing major economy.

The Prime Minister said that India is also taking lead in Green Hydrogen in the world and recalled several initiatives taken by the government to promote green energy and make India net zero by 2070.

“The National Green Hydrogen Mission will give a new direction to India in 21st century,” he said.

He further said that crores of people have come out of poverty and entered the middle class due to government initiatives.

“In 2014, the length of gas pipeline in India was around 14,000 km and now it stands at over 22,000 km. Gas pipeline network in India will reach 35,000 km in next 4-5 years,” he added.

India Energy Week which will be on from 6-8 February, aims to showcase India’s rising prowess as an energy transition powerhouse.

The event is expected to bring together leaders from the traditional and non-traditional energy industry, governments, and academia to discuss the challenges and opportunities that a responsible energy transition presents, an official release said earlier.

It will see the presence of more than 30 ministers from across the world over three days, the release said, adding that over 30,000 delegates, 1,000 exhibitors and 500 speakers will gather to discuss the challenges and opportunities of India’s energy future.

As part of the programme, PM Modi will participate in a roundtable interaction with global oil and gas CEOs. He will also launch multiple initiatives in the field of green energy.

In line with the ethanol blending roadmap, the Prime Minister will launch E20 fuel at 84 retail outlets of oil marketing companies in 11 states/ union territories.

E20 is a blend of 20 per cent ethanol with petrol, the release said, adding the government aims to achieve a complete 20 per cent blending of ethanol by 2025, and oil marketing companies are setting up 2G-3G ethanol plants that will facilitate the progress.

PM Modi is also scheduled to flag off the ‘Green Mobility Rally’, a rally which will witness participation of vehicles running on green energy sources, and it is expected to help create public awareness for green fuels.

The Prime Minister will also be launching the uniforms under ‘Unbottled’ initiative of Indian Oil. With a vision to phase out single-use plastic, Indian Oil has adopted uniforms for retail customer attendants and LPG delivery personnel made from recycled polyester (rPET) and cotton.

He will also dedicate the twin-cooktop model of Indian Oil’s indoor solar cooking system and flag off its commercial roll-out.

With inputs from agencies

Read all the Latest News, Trending News, Cricket News, Bollywood News,
India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.



from Firstpost India Latest News https://ift.tt/mIY0eoM
FP Staff

Comments

Post a Comment

Popular posts from this blog

Both COVID-19 vaccine doses needed for good protection against B16172 variant

-
It’s been a concerning few weeks in the UK, with the B16172 variant first taking hold and then spreading to become dominant. This more infectious form of the virus, initially identified in India, is what we’re now going to have to live with – unless it is out-competed by another variant in the future. Worryingly, experts had predicted that B16172 might be able to escape some of the effects of vaccines, which if true would threaten to derail the UK’s plans to finish lifting restrictions from the end of June. However, Public Health England (PHE) has looked at the ability of various variants to evade immunity and says that the UK’s vaccines remain effective against the variants circulating, including B16172. On the surface, this looks like good news. But delve a bit deeper, and things get more complicated, says Paul Hunter, professor of medicine at the University of East Anglia. PHE’s research found a little drop-off in protection against B16172 among people who were fully vaccinated.
Read more

New coronavirus variant emerge in India: How should our COVID response change?

-
Image
After genome sequencing of over 10,000 COVID-19 cases in India, researchers have discovered a new variant with two new mutations which may be better at evading the immune system. In 15-20 percent of samples from the Indian state of Maharashtra (the state accounting for 62 percent of cases in the country) a new, double mutation in key areas of the virus has been detected. These are now known as the E484Q and L452R mutations. What makes the variant different? Both these mutations are concerning because they are located in a key portion of the virus – the spike protein – that it uses to penetrate human cells. Spike proteins attach via a “receptor binding domain”, meaning the virus can attach to receptors in our cells. These new mutations include changes to the spike protein that make it a “better fit” for human cells. This means the virus can gain entry more easily and multiply faster. Given what we have seen with other similar mutations , it might also make it harder for our immu
Read more

120 flights delayed, 30 trains running late; Delhi fog & cold wave continue to give shiver to travellers

-
Arrival and departure of 120 flights, both domestic and international, to Delhi airport were affected due to dense fog and cold wave conditions on Wednesday, according to Delhi Airport FIDS (Flight Information Display System). As per the Delhi Airport FIDS, a total of 53 flights, including 21 domestic arrivals, 16 domestic departures, 13 international departures and three international arrivals scheduled are cancelled and not operating due to fog and other operational reasons from and to Indira Gandhi International (IGI) Airport in the national capital on 17 January. #WATCH | Delhi: Several flight operations delayed at IGI airport due to low visibility amid fog. pic.twitter.com/hG1DUKllEt — ANI (@ANI) January 17, 2024 Visuals from the Delhi airport showed passengers waiting outside, checking update of their scheduled flights. There were also some people waiting for flight of their families, friends and loved ones to arrive, which got delayed due to fog. #WATCH | Delhi | Pas
Read more