Maybe ‘India Energy Week’, the gathering that’s organised yearly by the Ministry of Petroleum and Pure Fuel, shouldn’t be known as that. An apt title can be ‘India Oil and Fuel Week’, as a result of there’s hardly anything.
This 12 months’s version — the third — was held lately on the glittering, opulent Yashobhoomi Conference Centre in Delhi. The Ministry of Energy had a pavilion on the exhibition-cum-conference occasion; that aside, nothing else appeared to rely as power. Biofuels and inexperienced hydrogen obtained their fair proportion, however there was not a phrase about coal. Wind, photo voltaic and nuclear barely obtained a point out — although Oil Minister Hardeep Puri, in one of many panel discussions, stated inexperienced hydrogen and nuclear can be the power sources of the longer term.
Everlasting dwelling for ‘India Energy Week’
The ‘India Energy Week’ occasion organised yearly by the Ministry of Petroleum and Pure Fuel will, in future, be held in Goa. The third IEW was held in Delhi whereas the earlier two happened in Bengaluru and Goa respectively.
Oil main ONGC is constructing a 240-acre web site, apparently lavish, with jetties and chopper touchdown services. “Subsequent 12 months, IEW will transfer to its everlasting dwelling in Goa,” stated Oil Minister Hardeep Puri.
Can wind be far behind in India’s RE scheme of issues?
On February 7, India’s put in solar energy capability hit the 100-GW milestone (although the web site of the Ministry of New and Renewable Energy nonetheless mentions 92.12 GW below its ‘achievements’). This feat took 15 years.
The wind energy sector, which took off twenty years sooner than photo voltaic in India, lagged because of a number of causes however is ready to realize its personal milestone quickly. As of January finish, wind energy installations stood at 48.36 GW — they’re more likely to hit the 50-GW mark at the least by the top of March.
Within the first 10 months of this monetary 12 months, 2,479 MW of wind energy capability was put in in India, far decrease than anticipated. On Might 29, 2024, when International Wind Day was celebrated in Chennai, Lalith Bohra, Joint Secretary, MNRE, had stated wind installations would clock 6.5-7 GW this 12 months, in contrast with 3.2 GW final 12 months.
One other milestone — rooftop photo voltaic
After solar energy’s 100-GW and wind energy’s 50-GW milestones, yet one more notable achievement can be from the PM Surya Ghar Muft Bijli Yojana, which accomplished one 12 months on February 13. As on January 27, the subsidised family rooftop photo voltaic scheme noticed 8,46,000 installations, in opposition to the focused 10 million by March 2027. In keeping with a authorities launch, the scheme is clocking 70,000 installations a month and 45 per cent of beneficiaries obtain zero electrical energy payments.
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