New Delhi, Oct 12 (UNI): India’s energy strategy is mindful of commitments to global commons and green transition and to ensure energy availability, affordability and security to all, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday.
Addressing a roundtable on “Opportunities in the India-US Strategic Partnership” at Houston, he said 25% of global energy demand growth in the next two decades is going to emanate out of India.
He said India had taken many steps towards low carbon development, including through emerging fuels like hydrogen and bio-fuels. He emphasised that despite the current challenging energy environment, India’s commitment to energy transitions and its climate mitigation goals, is not going to diminish.
The minister said India was undertaking major reforms to rationalize and incentivise exploration and production by reducing the no-go areas by 99 per cent opening up approximately 1 million sq km, making good quality geological data available through the National Depository Registry.
In a series of tweets, Puri said the immense potential between the two countries in areas of biofuels, gas based economy, green hydrogen, petrochemicals and upstream sectors is evident and is being furthered by collaboration by the private sector companies.
