OIL & GAS

India accelerating efforts to move towards gas-based economy: Dharmendra Pradhan

India is moving rapidly towards cleaner use of fossil fuels, particularly petroleum and coal, said Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Wednesday.

“We are accelerating our efforts to move towards a gas-based economy. A greater reliance is on domestic sources to drive biofuels,” said Pradhan while interacting with Stanford Alumni Group on “The Future of Energy in India”.

“We are working towards achieving the renewables target of 450 GW by 2030, increasing the contribution of electricity to de-carbonize mobility, moving into the emerging fuels, including hydrogen, and emphasising on digital innovation across energy systems,” he added.

Pradhan stated that India is currently using only 6% of the world’s primary energy while the per capita consumption of energy is still one-third of the global average. However, the pattern of consumption is now changing.

Source
Livemint
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