Page 32 - NIS English 01-15 March, 2025
P. 32

NATION    India Energy Week




             THE COUNTRY’S ENERGY SECTOR IS CRUCIAL IN THE RESOLUTION OF VIKSIT BHARAT


              INDIA ENRICHING NATURE




              WHILE PROMOTING DEVELOPMENT






                        The energy sector plays an                f  India’s  energy  sector  has  improved
                   important role in the journey of               significantly in the past decade, it is thanks to
                  a country from a developing to a                the  commitment  of  the  central  government
                                                              Ithat has followed the path to become the first
              developed nation. That is why, when            G20  nation  to  achieve  the  targets  of  Paris
             the world is facing an unprecedented            agreement. India has already met the target of 40%
                      energy crisis due to growing           installed  power capacity from  non-fossil  fuels  by
              population and climate change, this            November 2021. It has also achieved 200 gigawatts
                                                             of capacity under a new target of 500 gigawatts of
              sector is among the most important             renewable  energy  by  the  year  2030.  Referring  to
               priorities for India, moving forward          these achievements of India in his address, Prime
                 with the determination of a Viksit          Minister  Narendra  Modi  emphasized  that  India’s
                Bharat. Inaugurating India Energy            energy ambitions are built on five pillars: harnessing
                                                             resources, encouraging innovation among brilliant
                     Week in Delhi, Prime Minister           minds,  economic  strength  and  political  stability,
                 Narendra Modi also mentioned it             strategic  geography,  and  making  energy  trade
                and reiterated India’s commitment            attractive and easier. Prime Minister Modi said that
                  to enrich nature while promoting           India’s  sedimentary  basins  hold  numerous
                                                             hydrocarbon  resources,  some  of  which  have
                                     development...          already  been  identified,  while  others  await
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