India to see an investment of $67 billion in the next five to six years in the energy sector: PM Modi
India to see an investment of $67 billion in the next five to six years in the energy sector: PM Modi
Current Affairs Daily Articles & Editorials
La Excellence IAS Academy | February 7, 2024 | Economy
Syllabus: GS-II
Subject: Economy
Topic: Infrastructure.
Issue: India’s Energy Demands
Context: Prime Minister Narendra Modi addressed the second edition of India Energy Week (IEW) in Goa, emphasizing India’s commitment to developing environmentally friendly energy sources.
Key Highlights:
- India’s energy demand is expected to double by 2045.
- Efforts are underway to increase the share of domestic gas in the primary energy mix from 6% to 15%.
- India has made significant progress in biofuel production, with plans to achieve 20% ethanol blending in petrol by 2025.
- And install 5,000 compressed biogas plants nationwide.
Source: The Hindu
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