PM Pitches Energy Space For Investments
Says India’s targets of 500-GW RE, 5 mn green hydrogen output by 2030 offer immense biz potential
Prime Minister Narendra Modi and Emmanuel Macron, President of France, greeting delegates at Elysee Palace in Paris on Tuesday
All experts are saying that 21st century is India’s century. Bharat is not only driving its own growth, but driving global growth - Narendra Modi, Prime Minister
New Delhi: Prime Minister Narendra Modi on Tuesday urged investors to invest in India’s energy sector, saying the country offers many possibilities in view of its renewable energy (RE) goals in the next five years.
Referring to the target of having 500GW of renewable energy, 5 million green hydrogen output by 2030 as well as the launch of fresh bidding rounds for oil and gas assets, the Prime Minister said “there are possibilities of new investments and I hope that you explore all possibilities in India”. “There are many possibilities of investment in these sector,” Modi said addressing the India Energy Week 2025 (IEW’25) virtually.
“You are not just a part of India energy week, you are an important part of India’s energy ambitions,” Modi told investors. He further said: “All experts are saying that 21st century is India’s century. Bharat is not only driving it’s own growth, but driving global growth.” India’s energy ambitions, he said, are based on five pillars. “We have resources which we are harnessing. We are encouraging our brilliant minds to innovate. Thirdly, we have economic strength and politically stability,” he said.
