India to see an investment of $67 billion in the next five to six years in the energy sector: PM Modi

Syllabus: GS-II

Subject: Economy

Topic: Infrastructure.

Issue: India’s Energy Demands

Context: Prime Minister Narendra Modi addressed the second edition of India Energy Week (IEW) in Goa, emphasizing India’s commitment to developing environmentally friendly energy sources.

Key Highlights:

  • India’s energy demand is expected to double by 2045.
  • Efforts are underway to increase the share of domestic gas in the primary energy mix from 6% to 15%.
  • India has made significant progress in biofuel production, with plans to achieve 20% ethanol blending in petrol by 2025.
  • And install 5,000 compressed biogas plants nationwide.
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