Ministry of Power presents initiatives of power sector at IITF 2023, Union Power and NRE Minister inaugurates Power Pavilion. Government of India at the ongoing India International Trade Fair 2023 at Pragati Maidan, New Delhi. The pavilion aims to create awareness and participation in the schemes and policies of the government. Minister also said we will not compromise on the electricity needs of a growing economy But we will do it responsibly. Policy initiatives and themes highlighted at the pavilion include,
- National Green Hydrogen Mission,
- Carbon Capture Technology,
- One Sun-One World-One Grid,
- Universal Energy Access through Renewable Energy,
- Electricity (Rights of Consumers) Rules,
- Smart Energy (Smart Grid, Smart Meter),
- Pumped Hydro Storage as a pathway to Grid Stability, Energy Transition,
- Charging Infrastructure and e-Mobility.
After the inauguration, Minister spoke to media about India’s position in the wake of the upcoming COP28, the 2023 United Nations Climate Change Conference. Around 85% of the carbon dioxide load in the atmosphere is due to the path of industrialization followed by developed countries. India’s population is 17% of world population while our contribution to carbon dioxide load is only 3.5%. Even now, our per capita emissions are one third of world average, while that of developed countries is three times the world average. The Developed countries used fossil fuels for developing their economies but they want to tell us that we should not use coal. It is the Developed countries that need to cut down their emissions first,” He also said India is not going to make any compromise on the electricity needs for a growing economy. India is nine years ahead in achieving the Nationally Determined Contributions (NDC) target of having 40% of installed power capacity from non-fossil-fuel sources by 2030.
The availability of power in rural areas is now 21 hours and in urban areas, it is 23.5 hours. We have brought electricity to every household.” The Minister added that India is adding renewable energy capacity at the fastest rate in the world. All Central Public Sector Enterprises under the Ministry, including NTPC, PGCIL, NHPC, REC, PFC, THDC, SJVN, BEE, EESL and CES, are actively participating in the Trade Fair in order to collectively showcase the achievements and initiatives in the power sector.