SME Times News Bureau | 29 Sep, 2020
Union Minister Petroleum & Natural Gas and Steel Dharmendra
Pradhan on Tuesday said that ‘Atmanirbhar Bharat’ will
drive our efforts in evolving a comprehensive energy security architecture in
the country.
In his keynote address to ‘GCTC Energy Security Conference
2020’ organized by Global Counter Terrorism Council, he said that it will be
marked by continuity of robust energy policies put in place over the last six
years, and a change to address the Covid- 19 unleashed challenges.
He said “We are determined to build back better after
COVID-19 to ensure that the energy system is secure, clean, resilient and
responsive to our citizens’ needs. I am confident that, energy companies in
India have powered through COVID-19 relatively intact, and look forward to a
revival by embracing Atmanirbhar Bharat through
innovation.”
Pradhan said that there is an all-of-the
Government approach in implementing Atmanirbhar Bharat initiative in
energy sector, and in realizing Prime Minister’s Energy Vision of energy
access, efficiency, sustainability, security and affordability.
The Minister referred to some pathways energy
consuming Ministries are aiming to improve energy independence, which include
Indian Railways going in for 100% electrification of Indian railway routes by
2023, targeted installation of over 15 lakh standalone solar pumps under Kisan
Urja evam Utthan Mahabhiyan by MNRE, Road Transport Ministry supporting
Hydrogen enriched CNG as an alternate fuel, etc.
Pradhan said that our five-pronged strategy to
reduce crude oil import dependency including increasing domestic oil and gas
production, promoting bio fuels and renewables, energy conservation and energy
efficiency, improvement in refinery processes and demand substitution, is
making an impact.
Pradhan said “In the past, energy security has
been seen in a narrow approach, mainly aimed at managing supply. Our government
has widened the scope of energy security by making it much more inclusive, and
taking into account geo-political, economic, social and environmental
dimensions”.
India’s energy diplomacy and its alignment with
our foreign policy over the last six years has delivered tangible and
substantive results. We have enhanced our engagement with key global energy
players, and firmed up of strategic and comprehensive energy engagements with
producing countries such Russia, US, Saudi Arabia and UAE on hand, and close
engagement with consuming countries
such as Japan and South Korea, he added.