India demonstrates leadership in green growth and energy transition: PM Modi at G20
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Goa: Prime Minister Narendra Modi addressed the G20 Energy Ministers' Meeting via video link in Goa and highlighted India's commitment to climate action and its significant efforts in green growth and energy transition.
He said that the country aims to achieve 50% of its installed electricity power capacity from non-fossil fuel sources by 2030.
Speaking to the G20 delegates, the Prime Minister stressed the importance of transnational grids and interconnections to enhance energy security. He pointed out that India has taken significant strides in green growth, becoming a global leader in solar and wind power. India's climate commitments are being pursued with determination, as the country has already achieved its non-fossil installed electricity capacity target nine years ahead of schedule. Now, India is aiming even higher to achieve 50% non-fossil electricity by 2030.
While India's energy transition path may differ from other nations due to varying realities, PM Modi emphasised that the goals remain the same – sustainable, affordable, and clean energy transition. He also highlighted the need to ensure that developing countries in the global south are not left behind and called for low-cost finance to support their efforts.
He underscored the significance of promoting green grids and interconnected energy systems, which can have transformative effects on meeting climate goals, stimulating green investments, and generating millions of green jobs.
India's commitment to inclusive and sustainable energy for all was evident as PM Modi shared various initiatives, such as providing LPG connections to 190 million families and achieving the historic milestone of connecting every village with electricity. India is also working to provide piped cooking gas to 90% of the population in the coming years.
The prime minister highlighted successful initiatives such as the LED distribution program, the agriculture pump solarisation initiative, and the growth of the domestic electric vehicles market. He also emphasised India's efforts in promoting green hydrogen as an alternative for decarbonising the country.
Inviting delegates to join the green grids initiative 'One Sun, One World, One Grid' of the International Solar Alliance, PM Modi called for collective action to protect the environment and work towards a green future. Concluding his speech, the prime minister urged everyone to become climate champions and foster a lifestyle that cares for the environment, preserving Earth for the well-being of all.
