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India taking steps to reduce crude oil, gas imports; focus on exploration, green energy: PM Modi
Prime Minister Narendra Modi on Sunday said the BJP-led central government is taking steps to reduce imports of crude oil and gas, focusing more on exploration of fossil fuels and green energy.
Addressing a rally in Assam’s Numaligarh after inaugurating and laying foundation stones for projects worth over Rs 120 billion, Modi said that with India emerging as one of the fastest-growing economies in the world, the country is dependent on foreign nations for crude oil and gas.
“To change this, the focus has to be on meeting our energy requirements. The government is working on oil exploration and green energy generation,” the PM said.
Ethanol is a major alternative source of energy, and the newly inaugurated bioethanol refinery at Numaligarh will significantly benefit farmers and tribals, he said.
The polypropylene plant, the foundation for which was also laid by Modi, will greatly benefit the local economy, he said.
Modi said energy and semiconductors were the two key drivers for ‘Atmanirbhar Bharat’, underscoring that Assam has an important role to play in these sectors.
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