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Friday, December 8, 2023

25% Of Global Energy Demand Growth To Emanate Out Of India In Next 20 Years: Hardeep Puri

New Delhi: Petroleum Minister Hardeep Puri has said that 25 per cent of the global energy demand growth in the next two decades is going to emanate out of India. He noted that India’s energy strategy is mindful of commitments to the global commons, to green transition and to ensure energy availability, affordability and security to all.Also Read – Budget Session 2022 Resumes. FM Presents Jammu and Kashmir's Budget | LIVE Updates Here

Puri made these remarks while addressing a roundtable on “Opportunities in the India-US Strategic Partnership” at Houston, Texas on Tuesday. Also Read – Air India to be 100% Privatised by May-end, Choice Between Disinvestment or Closing Down: Hardeep Puri

India, he said, had taken many steps towards low carbon development, including through emerging fuels like hydrogen and bio-fuels. Also Read – Air India's All-women Cockpit Crew Takes Off on 17-Hour San Francisco-Bengaluru Flight, Hardeep Puri Lauds Nari Shakti

The minister emphasised that despite the current challenging energy environment, India’s commitment to energy transitions and its climate mitigation goals, is not going to diminish.

The roundtable brought together over 60 participants from 35 companies, including senior leadership of energy majors like Exxonmobil, Chevron, Chieniere, Lanzatech, Honeywell, BakerHughes, Emerson, Tellurian to name a few.

Indian energy PSUs also attended the event.

Puri stated that India was undertaking major reforms to rationalise and incentivise exploration and production by reducing the no-go areas by 99 per cent, opening up approximately one million sq kms, and making good quality geological data available through the National Depository Registry.

(Except for the headline, India.com has not edited the IANS copy)

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