New Delhi, Oct 15 (UNI) Petroleum and Natural Gas Minister Dharmendra Pradhan on Tuesday said given its huge energy appetite and growth potential, India will be the key driver of global energy demand in the coming decades.
'In fact, it will experience the fastest growth in energy consumption among all large economies. To meet this huge demand, India would need a healthy mix of all commercially viable energy sources,' Mr Pradhan said at India Ministerial Dialogue, held at third India Energy Forum by CERAWeek here.
Commerce and Industry Minister Piyush Goyal, Coal and Mines Minister Pralhad Joshi and Power and New & Renewable Energy Minister R K Singh also participated.
In his welcome address, Mr Pradhan said the presence of ministers at the Forum is a testimony to the high importance that the Government accords to the India’s energy sector in a dynamic global energy landscape.
He said, 'Prime Minister Narendra Modi has given us a target to transform the Indian economy to a 5 trillion dollar in the next five years.We are making concerted efforts and taking all necessary steps to make this a reality. Energy sector will be fueling India’s journey towards this stated goal of a 5 trillion dollar economy.'
'India will chart its own course of energy transition in a responsible manner and would greatly influence global energy transition. Giving a glimpse of India’s path of energy transition,' he said, adding the share of renewables in electricity capacity has significantly gone up now to 22 per cent from around 10 per cent in 2014-15.
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