PM Modi Inaugurates IEW 2024, Emphasises Sustainable Development Goals
PM Modi outlined India's commitment to expanding its energy infrastructure, citing substantial budgetary allocations for the sector and ambitious targets for increasing the share of gas in the country's energy mix.
February 06, 2024. By Abha Rustagi
Speaking at the inauguration ceremony, PM Modi welcomed attendees to the second edition of India Energy Week, highlighting the vibrant spirit and natural beauty of Goa as an ideal backdrop for discussions on sustainable development and environmental sensitivity. He emphasized the significant strides India has made in its economic growth, with GDP rates surpassing global estimates and projections indicating a promising future trajectory. “Economic experts around the world believe that India will soon become the 3rd largest economy in the world”, he said.
Addressing the gathering, PM Modi underscored India's pivotal role in the global energy landscape, noting its position as the world's third-largest consumer of energy, oil, and LPG, as well as a major importer and refiner of LNG. He highlighted the nation's burgeoning demand for electric vehicles and outlined plans to meet the doubling energy demand projected by 2045.
PM Modi outlined India's commitment to expanding its energy infrastructure, citing substantial budgetary allocations for the sector and ambitious targets for increasing the share of gas in the country's energy mix. He also emphasized India's focus on promoting renewable energy sources, with significant investments and initiatives aimed at bolstering solar and biofuel capacities.
Highlighting the government's emphasis on environmental sustainability and circular economy principles, Prime Minister Modi reiterated India's commitment to reducing carbon emissions and achieving net-zero emissions by 2070. He emphasized the transformative potential of initiatives such as the National Green Hydrogen Mission and the widespread adoption of solar energy solutions.
The India Energy Week event, Prime Minister Modi remarked, reflects India's commitment to global cooperation and collaboration in the energy sector, echoing the sentiment of 'India with the world and India for the world.' He encouraged stakeholders to leverage the platform for knowledge sharing, technological innovation, and fostering sustainable energy development.
Attending the inauguration were dignitaries including the Governor of Goa, P.S. Sreedharan Pillai, Chief Minister of Goa, Pramod Sawant, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, and Union Minister of State for Petroleum, Oil, and Natural Gas, Rameswar Teli, among others.
With a focus on fostering innovation and integrating startups into the energy value chain, India Energy Week 2024 is poised to serve as a catalyst for advancing India's energy independence and sustainability goals. The event is expected to attract significant participation from energy ministers, industry leaders, and stakeholders, with over 900 exhibitors showcasing cutting-edge solutions and technologies.
please contact: contact@energetica-india.net.
Aman Mehtani
Founder & Group CEO
ADM Group Offers Smart, Sustainable Solutions for Global Automotive Industry
Gaurav Dolwani
CEO
From Scrap to Sustainability: LICO Materials’ Circular Economy Approach
Gaurav Kumar
Head of Supply Chain and Manufacturing
Euler Motors Bridges Cost Gap Between EVs and ICE Vehicles with Localization
Shveta Arya
India Region Leader
Powering India’s Mobility Future: Cummins Showcases Advanced Power Solutions at Bharat Mobility
Samkit Shah
Co-Founder
Jitendra EV Leading Hybrid EV Revolution with Hydrix