Last Updated: February 23, 2023, 12:13 IST
The webinars are being organised by numerous ministries/departments to construct on the Saptarishi Priorities outlined in the Union Budget 2023-24(File Photo: @narendramodi)
Prime Minister Narendra Modi on Thursday sought investments in inexperienced power sector saying that the nation’s potential in renewable power is at least a “goldmine”.
Prime Minister Narendra Modi on Thursday sought investments in inexperienced power sector saying that the nation’s potential in renewable power is at least a “goldmine”.
Addressing a webinar on various announcements made in the Union Budget 2023-24 on green growth, Modi said, “India will play an important role in green energy, I invite all stakeholders to invest in India.” He acknowledged that the potential of renewable power like photo voltaic, wind power and biogas in India isn’t lower than a goldmine, he stated.
He acknowledged that the federal government may be very focussed on bio-fuel and it’ll deliver a lot of alternative for buyers.
He referred to India attaining 10 per cent ethanol mixing goal 5 months forward of schedule. He additionally talked about assembly the goal of 40 per cent non-fossil gasoline capability 9 yr forward of schedule.
He acknowledged that Budgets since 2014 haven’t simply addressed current challenges however have furthered new-age reforms.
India concentrating on manufacturing of 5 million tons every year of inexperienced hydrogen and offered Rs 19,000 cr incentive for personal sector below National Hydrogen Mission.
He additionally talked about Rs 3,000 crore provision in the Budget for car scrapping and about 3 lakh authorities autos which are older than 15 years to be scrapped.
He acknowledged that India has to enhance battery storage capability to 125 giga-watts hour.
India has set an formidable goal of getting 500GW of renewable power by 2030.
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