Prime Minister Narendra Modi dedicated to the nation and laid the foundation of key projects of the oil and gas sector in Tamil Nadu via video conferencing.
Prime Minister dedicated to the nation the Ramanathapuram – Thoothukudi natural gas pipeline and Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited, Manali.
He also laid the foundation stone of Cauvery Basin Refinery at Nagapattinam. Governor and Chief Minister of Tamil Nadu, and Union Minister for Petroleum and Natural Gas were present on the occasion.
The Prime Minister raised the issue of India importing over 85 percent of oil and 53 per cent of gas to meet the demand in 2019-20.
“India is now increasing the focus on ethanol to help farmers and consumers. There is a focus on furthering usage of solar power to become a leader in the sector. Public transport is being encouraged and alternative sources like LED Bulbs are being embraced to enable huge savings for middle class households,” said PM Modi.
“We have planned to spend seven and a half lakh crores in creating oil and gas infrastructure over five years. A strong emphasis has been laid on the expansion of city gas distribution networks by covering 407 districts,” he added.
The Prime Minister informed that consumer focused schemes like Pahal and PM UjjwalaYojana are helping every Indian household access this gas.
“Dwelling on India’s stress on increasing the share of energy from renewable sources. By 2030, 40% of all energy will be generated from green energy sources,” said the Prime Minister.