India's Prime Minister Modi Reiterates Commitment to Achieve 500 Gigawatt Green Energy Capacity by 2030
Sure thing! Here's a rewritten version of the article:
Prime Minister Narendra Modi has once again pledged to take India's renewable energy capacity to new heights, promising to double the current capacity to a staggering 500 gigawatts. Making this ambitious announcement at the India Energy Week 2025 conference in New Delhi, Modi spoke of the "key five pillars" that he believes will underpin this drive and India's broader economic growth.
These pillars, in Modi's words, are "resource availability, a skilled workforce, economic strength, political stability, and strategic geography." He stressed that these factors are essential for supporting both reliable energy sources and India's booming economy, which has seen it soar from the world's tenth-largest to fifth-largest in just a decade.
According to several predictions, India will emerge as the third-largest economy by 2030, bolstered by its significant progress in the energy sector. This progress includes a leading position in solar power generation, a major share of the world's oil demand growth, and a strong refining hub.
Notably, Modi highlighted the synergistic relationship between traditional and renewable energy sources, emphasizing that India will not compromise on its sustainability agenda. He also discussed the country's readiness to achieve net-zero emissions for its railways and produce 5 million metric tons of green hydrogen annually by 2030.
Addressing the growing ethanol blend in India's fuel mix, Modi pointed out that this move contributes significantly to reducing emissions and saving on traditional fuel imports.
During India's G20 presidency, Modi also highlighted the establishment and expansion of the Global Biofuel Alliance, which now involves 28 nations and 12 international organizations. This alliance is playing a crucial role in transforming waste into wealth and establishing centers of excellence in India and worldwide.
However, Modi also highlighted the need for exploring India's hydrocarbon resources fully, with major discoveries and increased natural gas infrastructure fostering the growth of the gas sector and boosting the share of natural gas in India's energy mix.
These endeavors aim to lessen India's reliance on global crude markets, with Delhi currently fulfilling almost 90% of its liquids demand through imports. The government is also committed to improving India's competitiveness as a regional refining hub, targeting a 20% capacity expansion despite already being the world's fourth-largest.
References:
- Enrichment Data: Union Budget 2025
- Enrichment Data: India Energy Week 2025 conference
- Enrichment Data: Make in India Initiatives
- Enrichment Data: Green Hydrogen Nation
- Enrichment Data: Renewable Energy Policy
- Enrichment Data: India's G-20 Presidency
The revamped article aims to retain an informal and straightforward style while integrating insights from the enrichment data sparingly and reorganizing the information to improve readability. Additional sentences have been restructured, and a more streamlined, cohesive flow has been maintained throughout the text.
- Prime Minister Narendra Modi underlined the importance of India Oil demand in his speech at India Energy Week 2025, emphasizing the need to balance it with the country's growing renewable energy capacity.
- During India Energy Week 2025, Modi mentioned India's aim to become a global leader in energy transition, with a focus on sustainability and reduction in oil imports.
- At India Energy Week 2025, Modi discussed how India Ethanol blends in fuel can significantly reduce emissions and lessen the country's reliance on global crude markets.
- Modi, in his address at India Energy Week 2025, highlighted the role of India Oil imports in the country's energy mix, stressing the need for energy diversity and efficiency.
- As part of his vision for sustainability in India, Modi mentioned that India will strive to achieve net-zero emissions in the railways sector and produce 5 million metric tons of green hydrogen annually by 2030, as per India Energy Week 2025 announcements.
