Question: India’s Energy Policies report was launched in New Delhi by which agency?
(a) NITI Aayog
(c) International Energy Agency (IEA)
(d) Ministry of Petroleum
- In-depth Review of India’s Energy Policies report by International Energy Agency (IEA) was launched in New Delhi on January 10, 2020 by Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Steel, Pralhad Joshi, Minister of Coal, Mines and Parliamentary, Dr Fatih Birol, Executive Director, International Energy Agency and other.
- India is now the third largest energy consumer in the world.
- India is in the midst of a major transformative shift in its energy sector.
- The energy polices has already been put in place by the Government and also those on the anvil, clearly demonstrate govt determination to embrace this energy transition in a sustainable and responsible manner.
- India’s transformation to a gas-based economy and developing indigenously produced biofuels, apart from renewable energy and energy efficiency measures, can potentially achieve the much-needed carbon reductions.
- An estimated investment of 100 billion dollar in oil and gas infrastructure has been lined up. The gas pipeline network will soon be covering the length and breadth of the country; from Kutch in Western India to Kohima in the East, and from Kashmir in the North to Kanyakumari in the South.
- Government has approved viability Gap Funding/ Capital Grant at 60 percent of the estimated cost of Rs 9265 crore for the North East gas grid project to develop gas pipeline grid of 1656 Km in the eight States of the North-eastern region.
- The government is aggressively working to build City Gas Distribution Network covering more than 400 districts of India. This network will serve 72% of India’s population with cleaner and affordable gas over more than 50 % of India’s geography.