India's Path to Energy Sustainability: Biofuel Blending and Green Hydrogen on the Horizon
Key Ideas
  • Union Minister Hardeep Singh Puri highlights the potential for India to save 91,000 crore rupees on import bills through biofuel blending, benefiting the agricultural sector.
  • India's progress in biofuel blending is lauded globally, with aims to achieve 20 percent blending by next year, positioning the country well in the green energy transition.
  • Minister emphasizes the importance of transitioning refineries to green energy for achieving the goal of green hydrogen, aligning with India's increasing energy demands and the target for net carbon zero emissions by 2070.
  • Energy Technology Meet in Bengaluru witnesses participation from 1200 attendees, highlighting the focus on energy security, sustainability, and technology innovation for meeting India's energy sector goals.
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, addressed the 27th Energy Technology Summit in Bengaluru, emphasizing the economic benefits of biofuel blending for India. Puri highlighted the potential savings of 91,000 crore rupees on import bills, directing these funds towards benefiting the agricultural sector. India's achievement of the second position globally in biofuel blending showcases the country's commitment to green energy. Puri expressed confidence in reaching the 20 percent biofuel blending target ahead of schedule. The Minister also stressed the importance of transitioning refineries to green energy to facilitate the country's progression towards green hydrogen. With India's energy demand expected to increase significantly by 2047, Puri noted the necessity to double efforts to achieve the net carbon zero emission target by 2070. The Energy Technology Meet, organized by the Centre for High Technology and Indian Oil Corporation Limited, brought together 1200 participants to discuss energy security, sustainability, and technology innovation. Exhibitors showcased the latest energy-efficient technologies, with the Minister presenting awards for the best energy-efficient technology. The event highlighted India's strategic focus on sustainable energy practices and innovation in the energy sector.
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