PM Modi to Dedicate INR 10,400 Crore for EV, Petroleum and Natural Gas Initiatives
As part of his visit to Pune, Maharashtra, PM Narendra Modi will launch various initiatives focusing on energy, infrastructure, cleaner mobility and a sustainable future with an outlay of INR 10,400 crore.
September 26, 2024. By Mrinmoy Dey
These initiatives will focus on energy, infrastructure, safety and convenience of truck and cab drivers, cleaner mobility and a sustainable future.
To develop multiple energy choices like petrol, diesel, CNG, EV, CBG, Ethanol blended petrol (EBP), etc. at one retail outlet, the PM will launch energy stations. “Nearly 4,000 energy stations would be developed over Golden Quadrilateral, East-West and North-South Corridors and other major highways over next 5 years at a cost of around INR 6,000 crore,” informed the PM Office in a statement.
These energy stations will help in providing seamless mobility through the provision of alternate fuels under one roof to the energy-seeking customers.
To facilitate a smooth transition to green energy, de-carbonisation and net zero emission and reducing the range anxiety of electric vehicle drivers, Modi will dedicate to the nation 500 EV charging facilities. “Further, 10,000 EV Charging stations (EVCS) are being targeted to be developed by FY 2025 at an estimated cost of INR 1,500 crore,” noted the statement.
It further added that the Prime Minister will dedicate to the nation 20 Liquefied Natural Gas (LNG) stations across the country including three in Maharashtra. “To promote the adoption of clean fuel such as LNG for long-distance transportation, 50 LNG Fuel Stations will be developed in various states of the country by Oil and Gas companies at a cost of around INR 500 crore,” it said.
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