Objective Is To Promote Clean Energy And Facilitate Energy Transition: Minister RK Singh

Union Minister for Power and New and Renewable Energy RK Singh on Friday said that the main objective of the conference on "Energy Transition in India - Road Travelled and Opportunities Ahead" is to move forward with an ambitious vision of promoting clean energy and facilitating the energy transition.

He said that India is committed to reducing the emission intensity of its GDP by 45 per cent by 2030 compared to the 2005 level.

He inaugurated a two-day National Conference on "Energy Transition in India - Road Travelled and Opportunities Ahead" in Gandhinagar.

As per the Ministry of Power, "The two-day conference will focus on scaling up renewable energy generation and consumption by considering challenges related to grid integration, financing tools and developing supporting infrastructure."

RK Singh in his address that the main objective of this conference is to move forward with an ambitious vision of promoting clean energy and facilitating the energy transition. He said that India is committed to reducing the emission intensity of its GDP by 45 per cent by 2030 compared to the 2005 level.

Later, while talking to media persons on the sidelines of the conference, RK Singh said that the developed countries should focus on reducing carbon emissions rather than looking into how carbon emissions are produced. 80 per cent of the carbon emission burden lies with developed countries, which account only one-third of the world's population, he said.

The Union Minister further said India aims to add 500 GW of fossil fuel-based capacity by 2030 and increase the share of renewable energy to at least 50 per cent in terms of installed capacity.

Speaking on the occasion, Kanubhai Desai, Minister of Finance and Energy of the Gujarat government said that due to the vision and long-term planning of the Prime Minister and the then Chief Minister of Gujarat Narendra Modi, Gujarat has emerged as the leading state in the country in the field of renewable energy. A separate department for Climate Change was set up in Gujarat for the first time in the country when Shri Modi was the CM, enabling measures to achieve sustainability, energy transition and net-zero goals, he said. Gujarat is also the first state in the country to issue policies on renewable energy providing incentives for the development of renewable energy.

Kanubhai Desai, Minister of Energy Petrochemicals and Finance, Government of Gujarat was also present along with other dignitaries on the occasion. Organised as a part of the upcoming Vibrant Gujarat Global Summit 2024, the event is being attended by more than 250 Indian and foreign representatives of the power and renewable energy sectors.

He said that Gujarat today ranked first in the country in terms of installed wind power capacity, accounting for 25 per cent of the country's total installed wind power capacity.

In addition, Gujarat has the highest installed rooftop solar capacity, accounting for 26 per cent of India's total rooftop solar capacity. (ANI)