Tag Archives: PM Narendra Modi

India’s energy sector to be growth centric, industry friendly and environment conscious: Narendra Modi

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New Delhi: Speaking on the occasion, the Prime Minister said India comfortably placed on the energy front and the future is bright and secure in this regard. He  elaborated various challenges like fall in energy demand by almost one third and prevailing price instability has impacted investment decisions, more so due to projected contraction in global energy demand over the next few years. Despite these adverse circumstances, India is being projected to emerge as a leading energy consumer and the country would nearly double its energy consumption over the long term. 

The Prime Minister was delivering the inaugural address at the 4th India Energy Forum CERAWeek through video conference. The theme of this edition is “India’s Energy Future in a world of Change”.

The Prime Minister pointed that India is the third largest and the fastest growing aviation market in terms of domestic aviation and Indian carriers are projected to increase their fleet size from 600 to 1200 by 2024.

Modi said India believes that access to energy must be affordable  and  reliable.  That is when socio-economic transformations can take place.  He said the energy sector empowers people and furthers “Ease of Living” and he listed Government’s initiatives to achieve this.  He said these initiatives particularly helped the rural people, middle class and the women.

The Prime Minister said India’s Energy Plan aims to ensure energy justice while fully following India’s global commitments for sustainable growth. This means more energy is needed to improve the lives of Indians with a smaller carbon foot-print. He envisioned India’s energy sector to be growth centric, industry friendly and environment conscious. He said that is why India is among the most active nations in furthering renewable sources of energy.

The Prime Minister listed the interventions which made India the most attractive emerging market for clean energy investment viz, distributing more than 36 crore LED bulbs, reducing the cost of LED bulbs by 10 fold, installing over 1.1 crore smart LED street-lights in the last 6 years. He said these interventions have enabled an estimated energy savings of 60 billion units per year, estimated green-house gas emission reduction of over 4.5 crore tonnes of Carbon dioxide  annually and monetary savings of around  Rs. 24,000 crore annually.

The Prime Minister remarked that India is well on track to meet the global commitment.  He said the target to increase the installed renewable energy capacity to 175 GW by 2022 has been further extended to 450 GW by 2030.  He said in spite of India having one of the lowest carbon emissions than the rest of the industrialized world, India would continue its efforts to fight climate change.

The Prime Minister said the reform in the energy sector has been fast paced in the last six years. He listed many path-breaking reforms brought out recently like the reforms in Exploration and Licensing Policy, shifting the focus from ‘revenue’ to ‘production’ maximisation, focus on greater transparency and stream-lined procedures and plan to grow refining capacities from about 250 to 400 Million Metric tonnes per annum by 2025.  He said increasing domestic gas production has been a key government priority and would be achieved through ‘One Nation  One Gas Grid’ to shift the nation towards a gas-based economy. 

The Prime Minister urged the community to make the crude pricing more responsible. He urged the community to work towards creating transparent and flexible markets for both oil and gas. He said to increase domestic production of natural gas and to bring uniformity in the market price discovery of gas, the Government has brought Natural Gas Marketing Reforms which would give greater marketing freedom in the sale of natural gas through e-bidding. He added India’s first automated national-level gas trading platform was launched in June this year which prescribes standard  procedures  to discover the market price of gas. 

The Prime Minister said the Government is moving forward with the vision of  ‘आत्मनिर्भर भारत.’  He added a Self-reliant India will also be a Force Multiplier for the global economy and Energy security is at the core of these efforts. He said these efforts have started yielding positive results by way of increased investment in the oil and gas value chain during these challenging times and similar signs are seen in other sectors too. He said the Government is driving strategic and comprehensive energy engagements with the key global energy players. He added as part of India’s Neighbourhood First Policy, development of energy corridors with our neighbouring countries is prioritized for mutual benefit. 

The Prime Minister said like the seven horses driving the chariot of Sun god, India’s energy map will have seven key drivers.

1.  Accelerating  our efforts  to move towards a gas-based economy. 

2.  Cleaner use of fossil  fuels  particularly petroleum and coal 

3.  Greater reliance on domestic sources to drive bio-fuels. 

4.  Achieving the renewables target of 450 GW by 2030. 

5. Increasing the contribution of electricity to de-carbonize  mobility. 

6. Moving into the emerging fuels including  hydrogen 

7.  Digital innovation across all the energy systems. 

He said there will be continuity of these robust energy policies that have been in place over the last six years. 

The Prime Minister said India Energy Forum – CERAWeek is serving as an important platform between industry, government and society and wished this conference to have fruitful deliberations for a better energy future.

Indian Air Force marks its 83rd anniversary with impressive aerobatics

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airforceGhaziabad : The Indian Air Force today celebrated its 83rd anniversary today at Air Force station in Ghaziabad amidst impressive aero-display of aircrafts and daring aerobatics on the sky. A scintillating air display by several aircraft signifies the hallmark of Air Force Day Parade cum Investiture Ceremony at Air Force Station Hindon in Ghaziabad.

Indian Air Force’s distinct identity— The Surya Kiran aerobatics Team of four advanced Hawk aircraft would enthrall the audience at Air Force Station. Vintage Tigermoth and Harvard fly past at low level would also be the centre of attraction in this year’s annual celebration. This will be followed by fly past of C-17 aircraft flanked by two SU-30 aircraft. A treat to the eyes, the aerial formation of aircrafts flying in perfect tandem with expert maneuvering and skills is bound to leave the audience in mesmerized.

IAF has transformed itself into a trans-oceanic force and is working towards modernization and technical upgradation in the present times, and is trying to fall in steps with the air marshals flying on skies across the globe both in terms of personnel as well as machine force.

The event brought forth a major boost for women personnel in the India Air Force wing, when, IAF chief Arup Raha announced in his address to the air warriors on 83rd Air Force day at Hindon airbase, and said that the Air Force has made plans to induct women pilots in combat stream. This move comes as a major opportunity for the women cadre who have been eyeing the coveted work stream and have waited on the sidelines to take to the skies, with so many hiccups in the past.

Prime Minister Narendra Modi today greeted Air Force on its 83rd Anniversary, saying it has served the country with great courage and has always been at the forefront in protecting our skies as well as in times of disasters.

“I salute our air force personnel on Air Force Day. They have always served India with great courage and determination,” Modi tweeted.

“Contribution of our Air Force is monumental. They are always at the forefront be it in protecting skies or in times of disasters,” he wrote.

BJP National Executive Meet: Find your leader, Amit Shah tells Congress

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Prime Minister Narendra Modi ruling party president Amit Shah at the Inauguration of the BJP National Executive Meeting at Hotel Ashoka, Bengaluru April 03, 2015
Prime Minister Narendra Modi ruling party president Amit Shah at the Inauguration of the BJP National Executive Meeting at Hotel Ashoka, Bengaluru April 03, 2015

Bengaluru: Ruling Bharatiya Janata party President Amit Shah today launched a blistering attack on Congress party saying that it is bent upon spreading confusion about the Land Acquisition Bill. Goading those in the Congress, the BJP president said that they should be more concerned about their own leader (Congress vice president Rahula Gandhi) and his prolonged absence from the scene instead of constantly being on a fault finding mission against the central Government.

Mr. Shah was inaugurating the two-day National Executive Meet of the BJP at Hotel Ashoka here. Mr. Shah reietrated his party’s commitment to the cause of the farmers and told party workes to rally support for the land acquisition Bill. He said that the party rank and file should play an active role in setting right the public perception when the opposition is going about telling people that the Bill is anti-farmer. To meet this objective, the BJP has decided to hold nationwide rallies and the take-off rally will be in Ranchi on May 6.

Talking to journalists, Union Minister Prakash Javadekar, quoted the party president and said that the the Congress has “looted” the farmers all these years since Independence and now the party is talking of farmers’ interests. He also said that Prime Minister Modi wants BJP leaders to engage in non-political activities. The Modi government will remain in power for the next 20 years and the government will be focusing on the “clean India Campaign”, he added.

Besides Prime Minister Narendra Modi, senior party leader LK Advani and Finance Minister Arun Jaitley were seated on the dais during the inaugural session.