India to invest $100 billion by 2024 in refining, pipelines & gas terminals: Dharmendra Pradhan


India to invest $100 billion by 2024 in refining, pipelines & gas terminals: Dharmendra Pradhan

Union Minister Dharmendra Pradhan attended the ADIPEC inaugural global discussion in Abu Dhabi on Monday. Speaking at the event, Pradhan said that the government is working to make PM Modi’s vision of making India a gas-based economy and working for a more cleaner and greener environment.

The minister tweeted about the event saying, “A time-tested friendship growing deeper everyday. Excellent conversations with a valued friend, H.E. Sultan Ahmed Al Jaber, Minister of State, UAE.”

In order to achieve this goal, the government will be working on investing in gas-based infrastructures like increase in CGD and PNG network and gas-based industries. He added that the government aims to achieve 40% electricity generation capacity from non-fossil fuel-based energy resources by 2030.

The minister also shared the country’s plan to increase the share of non-fossil fuel. Pradhan mentioned that by 2022, the country plans to increase renewable energy capacity to much beyond 175 GW, and later till 450 GW.

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