{"id":35417,"date":"2022-04-11T21:41:11","date_gmt":"2022-04-11T16:11:11","guid":{"rendered":"https:\/\/tradebrains.in\/features\/gj-energy-superpower-puri-2\/"},"modified":"2022-04-11T21:41:11","modified_gmt":"2022-04-11T16:11:11","slug":"gj-energy-superpower-puri-2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/gj-energy-superpower-puri-2\/","title":{"rendered":"India on its way to becoming global energy superpower, says Union minister Puri"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2893211886\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>       Gandhinagar, Apr 11 (PTI) India is on its way to become a global energy superpower in terms of consumption and production, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said here on Monday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2239156303\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>        Addressing the passing-out students of Pandit Deendayal Energy University virtually, Puri said though India had the resources, exploration and production of fossil fuel and gases &#8220;remain stagnant&#8221;.<\/p>\n<p>        &#8220;You are entering your professional life at a time when India is well on its way to become a global energy superpower. India will be the energy superpower of the world by the time we will be a USD 10 trillion economy in 2030,&#8221; said Puri in his virtual address.<\/p>\n<p>        &#8220;Global energy superpower means we will set the pace for global consumption, becoming a significant producer by way of exploration and production of different sources of energy,&#8221; he added.<\/p><div class=\"trade-content_5\" id=\"trade-4045115908\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>        For Prime Minister Narendra Modi, energy is the priority area, mainly because 85 per cent of India&#8217;s crude and 55 per cent gas requirement are met through imports, and there was a need to switch to green energy, the minister said.<\/p>\n<p>        &#8220;For many years, we allowed exploration and production to remain stagnant. Now, we have increased that. We had the resources, but we allowed ourselves to be import dependent,&#8221; said the minister, adding that India&#8217;s per capita fuel consumption is three times the global per capita consumption.<\/p>\n<p>        Puri said the PM has set a target of 20 per cent biofuel or ethanol blending by 2025, adding that 20 per cent blended fuel will be made available in small quantities from April 1, 2023.<\/p>\n<p>        India&#8217;s liquified natural gas regasification capacity has gone up from 21 million metric tonnes per annum (MMTPA) in 2014 to 42 MMTPA now, while the aim was to increase the country&#8217;s overall LNG regasification capacity to 62.5 MMTPA in the next few years, he said.<\/p>\n<p>        &#8220;India&#8217;s refining capacity has increased from 214 MMTPA to 250 MMTPA, and we have set a target of reaching 400 MMTPA in the next few years. Similarly, we aim to increase the gas pipeline network from 18,500 kilometers to 32,000 kilometers in the next five years,&#8221; the minister said.<\/p>\n<p>        On the occasion, PDEU president and industrialist Mukesh Ambani said India is not only poised for a strong economic recovery, but also better equipped to deal with any future wave of the COVID-19 pandemic.<\/p><div class=\"trade-content-10\" id=\"trade-674842491\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>        &#8220;It is an exciting new world in the midst of a fusion of two big revolutions, the clean energy revolution and the digital revolution. The combination of these two revolutions will change the very character of our lives,&#8221; Ambani said.<\/p>\n<p>        &#8220;These two revolutions will fundamentally transform every activity in modern life and every sector of the economy, including agriculture, education, industry, transport and entertainment,&#8221; he added. PTI PJT PD   BNM   BNM<\/p>\n<div class=\"trade-after-content\" id=\"trade-4003488953\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Gandhinagar, Apr 11 (PTI) India is on its way to become a global energy superpower in terms of consumption and production, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said here on Monday. Addressing the passing-out students of Pandit Deendayal Energy University virtually, Puri said though India had the resources, exploration and production [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-35417","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India on its way to becoming global energy superpower, says Union minister Puri - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/gj-energy-superpower-puri-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India on its way to becoming global energy superpower, says Union minister Puri\" \/>\n<meta property=\"og:description\" content=\"Gandhinagar, Apr 11 (PTI) India is on its way to become a global energy superpower in terms of consumption and production, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said here on Monday. 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