Global energy demand has fallen by a third, due to the spread of the corona. Investment results are also affected. Energy demand is projected to decline over the next few years.
But it appears that India’s energy use will double in the future. Thus, global energy demand by India will increase. India is currently seeking clean, renewable energy sources. India has set a target of generating 175 GW of renewable energy by 2022. Similarly, we are going to increase it to 450 GW by 2030.
India is one of the lowest carbon-emitting countries. The energy sector in India has undergone revolutionary reforms in the last 5 years. We plan to increase India’s oil refining capacity from 25 crore tonnes per annum to 45 tonnes by 2025.
In this way, we will meet the need and reach a state of self-sufficiency. India’s future in the energy sector is bright and secure. We will make gas available across the country without price discrimination. We have saved Rs 24,000 crore through the use of LED lights. Thus spoke Prime Minister Modi.