Tamil Nadu Governor Banwarilal Purohit, CM Edappadi K Palaniswami and Union Minister for Petroleum and Natural Gas Dharmendra Pradhan were present on the occasion.
The Prime Minister inaugurated the Ramanathapuram – Thoothukudi natural gas pipeline and Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited, Manali.
PM Modi also laid the foundation stone of Cauvery Basin Refinery at Nagapattinam.
Speaking on the occasion, the Prime Minister pointed out the need to effectively create clean energy sources which is the future of the Country.
Pm Modi said, said dependence on import of oil and gas should reduce considerably by 2030. He assured that the Government was working to reach the growing energy demand of the Country.
The Prime Minister said that India was set to become a leader in solar power. He also said that there was a need to increase ethanol production.
In the past six years, over Rs. 50,000 Crore worth oil and gas projects have been approved for implementation in Tamil Nadu. In the same period, over Rs 9100 crores worth projects sanctioned before 2014 were completed. In addition, over Rs 4,300 crore worth projects are in the pipeline, PM Modi concluded.