IEW 2024 – TheNewsay https://thenewsay.com Sat, 10 Feb 2024 13:37:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/thenewsay.com/wp-content/uploads/2024/02/cropped-TheNewSay-Favicon.png?fit=32%2C32&ssl=1 IEW 2024 – TheNewsay https://thenewsay.com 32 32 230920947 PM Modi: India’s Unprecedented Investment Surge in Energy Sector https://thenewsay.com/india-is-unprecedented-investment-surge-in-energy/ https://thenewsay.com/india-is-unprecedented-investment-surge-in-energy/#respond Thu, 01 Feb 2024 16:59:00 +0000 https://smartmag.theme-sphere.com/smart-times/healthcare-alliances-cfo-to-scale-lock-down-finance-functions/ India is Unprecedented Investment Surge in Energy Sector: Highlighting India’s significant focus on the energy sector, Prime Minister Narendra Modi, on February 6, stressed the substantial investments being made, underscoring that the sector will receive a considerable boost in infrastructure.

During the inauguration of India Energy Week (IEW) 2024, Modi expressed that a substantial portion of the Rs 11 lakh crore, as announced in the Interim Budget 2024 for infrastructure, will be directed towards the energy sector.

India is Unprecedented Investment Surge in Energy Sector: PM Modi

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri, speaking at IEW 2024, acknowledged the challenges the energy sector faces in terms of availability, affordability, and sustainability. Puri noted that in the current global scenario, energy availability is a significant concern.

Puri highlighted the prominence of IEW, stating, ‘In just a year, the India Energy Week has become a prominent fixture on the global energy calendar.’

My commitment is to create a pool of skilled workforce to the various efforts towards the skilling, rescaling and upskilling to cater to the various emerging sectors in the state,”

said Sawant.

Also Read: India is Unprecedented Investment Surge in Energy Sector

He also recognized the success of India’s global initiatives, such as the International Solar Alliance and the Global Biofuels Alliance.

Puri commended Prime Minister Modi’s leadership for maintaining low petrol and diesel prices in India, stating, ‘Under your leadership, we ensured that prices of petrol and diesel in India were amongst the lowest globally.’

Speaking at the event’s inauguration, Goa Chief Minister Pramod Sawant stated that IEW 2024 provides a unique opportunity for Goa to showcase its potential in the energy sector.

If you allow energy prices to go very high, demand for the commodity crashes. High prices also accelerate energy transition,”

he said.

Sawant pledged to create a skilled workforce to support various initiatives in skilling, reskilling, and upskilling, catering to emerging sectors in the state.”

Also Read: India is Unprecedented Investment Surge in Energy Sector

Get the Business News along with India’s Latest Updates at TheNewsay and Follow for Live Updates – Facebook, Instagram, Threads, Twitter, Pinterest, KooApp and YouTube.

]]> https://thenewsay.com/india-is-unprecedented-investment-surge-in-energy/feed/ 0 3557