On Tuesday, Prime Minister Narendra Modi urged investors to invest in India’s energy sector, stating that the country offers many chances in view of its renewable energy goals in the next five years. While talking about the target of having 500 GW of renewable energy, 5 million green hydrogen output by 2030 and the launch of fresh bidding rounds for oil and gas assets, PM Modi said “There are possibilities of new investments and I hope that you explore all possibilities in India”.
While addressing the India Energy Week 2025, PM Modi said, “There are many possibilities of investment in these sector”. He said, “You are not just a part of India energy week, you are an important part of India’s energy ambitions”. He further said, “All experts are saying that 21st century is India’s century. India is not only driving it’s own growth but driving global growth”.
PM Modi further added, “We have resources which we are harnessing. We are encouraging our brilliant minds to innovate. Thirdly, we have economic strength and politically stability”. He said, India has strategic geography which make energy trade easier and more attractive. Besides, India is committed for global sustainability and this is aiding new possibilities in India’s energy sector.
“For Viksit Bharat, the next two decades are very crucial and in the next five years we will cross many milestones. Our energy goals are aligned with the deadline of 2030”, he said. He stressed, “By 2030, we want to add 500 GW of RE capacity, Indian Railways will be net zero by 2030 and we aim to achieve 5 MT green hydrogen”. Whatever
He noted, “In last 10 years, India has become 5th largest economy from 10th largest. In last 10 years, solar generation capacity increased 32 times. Today India is the third largest solar power generating nation and non-fossil fuel capacity increased three times” he said.
During the India Energy Week 2025, energy buyers will hold the meetings with producers in the national capital. Covering over 1 lakh square metres, IEW’25 will be the second-largest energy event globally in terms of ministerial and CEO participation, exhibition space, and the number of sessions. PM Modi said, “We are at the dawn of an AI age that will save the course of humanity. Some people worry about machines being superior in intelligence to humans but no one holds the key to our collective future and shares destiny other than us humans. That sense of responsibility must guide us,” the PM said
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