From Financialexpress · Aniket Sharma · · 1m 10s
PM Modi explains energy crisis resilience
PM Modi details India's energy security measures amid Middle East conflict.
In brief
PM Modi details India's energy security measures amid Middle East conflict. Prime Minister Narendra Modi stated India's decade-long energy security strategies helped withstand Middle East energy disruptions. Originally reported by Financialexpress.
Energy security strategy
Prime Minister Narendra Modi said India's decade of strategic reserves, refining expansion, and clean energy adoption helped withstand Middle East energy disruptions.
“This has also been a challenging period for India. However, the steps taken over the past decade to strengthen energy security have helped us face this crisis with confidence.”
Petroleum infrastructure projects
Modi inaugurated an underground LPG storage cavern in Mangaluru expanding capacity by 80,000 metric tonnes and the Devangonthi Marketing Terminal in Bengaluru for reliable petrol, diesel, and aviation fuel supplies.
Renewable energy expansion
India's renewable energy capacity has crossed 300 gigawatts with nuclear power generation expanding to meet long-term clean energy goals.
Railway modernization
Indian Railways has achieved 100 per cent railway electrification and expanded Bengaluru's Namma Metro from 17 km to over 100 km since 2014.
Karnataka infrastructure projects
The government launched projects worth over ₹15,600 crore across transport, renewable energy, and petroleum infrastructure in Karnataka.
Energy security benefits
Modi noted tax reforms for senior citizens and rental income earners while reducing GST on health and life insurance policies to improve affordability.
The essence
Prime Minister Narendra Modi stated India's decade-long energy security strategies helped withstand Middle East energy disruptions.
