Shining example India | PM Modi says govt working to reduce carbon footprint by 30-35 pct
Prime Minister Narendra Modi on Saturday said India is trying to reduce its carbon footprint by 30-35 per cent and working to double its oil refining capacity in the next 5 years.
Prime Minister Narendra Modi on Saturday said India is trying to reduce its carbon footprint by 30-35 per cent and working to double its oil refining capacity in the next 5 years.
PM Modi stressed on Gujarat`s solar power movement and said that the energy sector can provide growth and jobs alike. He was virtually addressing the 8th Convocation of Pandit Deendayal Petroleum University in Gandhinagar.
"India is trying to reduce its carbon footprint by 30-35% today. The world was amazed when they got to know about it. We need to increase natural gas` usage by 4 times in our need for energy. We are also working to double the oil refining capacity of the nation in the next 5 years," the PM said.
He also said that India is moving swiftly on the solar energy scale.
"Today, the per unit cost has dropped from Rs 12-13 to under Rs 2," he claimed and added that Solar power has become an "integral part of the nation".
Modi added that the aim is 175 GW of renewable energy by 2022.
Though acknowledging that the students who are graduating on Saturday are facing an unusual time due to the pandemic, the Prime Minister told them to follow the 4-Ps`.
"It is not an easy thing to graduate at a time when the world is facing such a big crisis.
"But your abilities are much bigger than these challenges. More important than what the Problems are. It is what is your Purpose, Preference and Plan," he said.
The Prime Minister added that today, major changes were also taking place in the energy sector of the whole world. But in such a situation, there is limitless potential for growth, entrepreneurship and employment in this sector in India, he added.
"There was a time when people questioned how far such a university would be able to grow. But the students here, the professors and the professionals who have left here have answered all these questions," he said proudly.
He also highlighted that in the last 15 years, PDPU has widened its network in not just the petroleum sector, but all other energy sectors as well. Hence, he urged the Gujarat government to amend laws, if possible and convert the university into an `Energy University` from just being a `Petroleum University`.
Connecting the graduates with PM`s `Aatmanirbhar Bharat`, he said that he is confident that with their skill, talent and professionalism, they will emerge as a "big force of self-reliant India".
During the convocation, the Prime Minister also laid the foundation stone of "45 MW Production Plant of Monocrystalline Solar Photo Voltaic Panel" and "Centre of Excellence on Water Technology".
The convocation was also witness to the Prime Minister inaugurating other facilities like "Innovation and Incubation Centre - Technology Business Incubation".
The story has been taken from a news agency
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
01:41 PM IST