India's Energy Transformation Towards Green Hydrogen and Biofuel Blending
Key Ideas
- Union Minister Hardeep Singh Puri highlights India's progress in biofuel blending, saving on import bill and promoting agricultural sector.
- India aims for 20% biofuel blending by next year, ahead of schedule, positioning as a global leader in this area.
- Minister emphasizes India's refining sector growth, from deficit to export hub, with plans to increase refining capacity by 2030.
- Energy Technology Meet in Bengaluru focuses on energy security, sustainability, and technology innovation to achieve net carbon zero emission target by 2070.
The Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, inaugurated the 27th Energy Technology Summit in Bengaluru, emphasizing India's advancements towards green hydrogen by transitioning refineries to green energy. He highlighted the country's success in biofuel blending, saving on the import bill and benefiting the agricultural sector. India is set to achieve a 20% biofuel blending target ahead of schedule, solidifying its global position. Minister Puri praised India's refining sector growth, transforming from a deficit to an export hub, with plans to further increase refining capacity by 2030. The Energy Technology Meet focused on the crucial role of energy security, sustainability, and technology innovation in achieving the net carbon zero emission target by 2070. The event featured 1200 participants and 23 exhibitors showcasing the latest technologies, with awards presented for energy efficiency.