Priority on clean energy transportation
India has called for matching investments in the energy sector as it prepares to double its hare in the global energy demand to 11% by 2040.
“We are preparing for such a growth path of energy demand in the country. This calls for making matching investments in the energy sector,” said Petroleum and Natural Gas Minister Dharmendra Pradhan on 9 Sept 2019 in Abu Dhabi.
“We are significantly expanding our energy infrastructure – be it power generation, more renewables and gas-based infrastructure -pipelines, city gas network, LNG terminals,” he said during a session on ‘Advancing Inclusive Access to Secure, Affordable, and Sustainable Energy Services’ at the session of the 8th Asian Ministerial Energy Roundtable.
Clean energy transportation is another area of high priority in India.
“We are jumping directly from BS-VI to BS-VI fuel by April 2020. India is moving towards a gas-based economy by increasing the share of gas from 6% to 15% in the energy mix by 2030,” he pointed out.
India has constructed over 16,000 km of gas pipeline and an additional 11,000 km is under construction.
There is already a cardinal shift to renewable energy sources. It has set a target of 175 GW renewables by 2022, with solar target of 100 GW by 2022.
India is promoting alternative fuels like ethanol and biodiesel in a big way. A National Bio-Fuel Policy 2018 is targeting 20% blending of ethanol in petrol and 5% blending of biodiesel in diesel by 2030.
India has joined the elite group of nations in August 2018 to operate a flight running on biofuel, he told the gathering. fiinews.com
