New Delhi, Feb 16: Minister of Petroleum, Natural Gas & Steel Dharmendra Pradhan on Tuesday said that by balancing accessibility and affordability, India is creating a global model of energy justice and India will chart its own strategy and pathway for its green energy transition.
Speaking at the joint conferences of the 11th World PetroCoal Congress and World Future Fuel Summit today, he said that India’s energy demand is going to increase in the future, and it has taken a number of concrete steps that are shaping India’s energy transition pathways for a low carbon economy. The Minister said that balancing accessibility and affordability, India is creating a global model of energy justice.
Talking about the Global Energy Outlook, the Minister said that recently released reports by IEA, OPEC and British Petroleum indicate that the world total primary energy demand would increase at less than 1% per annum till 2040. On the other hand, India’s Energy demand would grow at about 3% per annum till 2040.
Pradhan said that ensuring access to clean cooking fuel to every household of the country has been a key strategy of Modi government for ending energy poverty. During the last six years, the LPG landscape has completely transformed. The number of LPG Customers in 2014 was 14.5 crore, but has gone up to almost 29 crores in 2021. LPG coverage has increased in less than 7 years from 56% to almost 99.5%.
Ujjwala yojana, which provided 8 crore connections to BPL households in a record time, has been a catalyst of socio-economic change and women empowerment. He said that provision for additional 1 crore LPG connections under PMUY announced in budget this year will help in achieving universal coverage, he added.
The Minister said that to reduce vehicular pollution, India leapfrogged from BS-IV to BS-VI emission standards from 1st April, 2020 throughout the country. BS–VI, equivalent to Euro-VI norms and as good as CNG, has improved Auto fuel quality by reducing sulphur content from 50 ppm in BS-IV to 10 ppm in BS-VI. India has joined select league of nations having world’s cleanest EURO-VI compliant petrol and diesel. Oil PSUs have invested Rs 34,000 crore to upgrade plants for producing BS-VI fuel.
Regarding Bio-diesel, Shri Pradhan said that we are also working towards conversion of Used Cooking Oil to Biodiesel in select cities. The aim is to have 5% blending of biodiesel in diesel by 2025. He said that Talcher coal gasification-based plant will be India’s first coal gasification-based fertilizer plant with pet coke blending.
The inaugural session of the event was also addressed by the Secretary, Petroleum and Natural Gas Tarun Kapoor, and Secretary coal, Dr Anil Jain.