Gandhinagar: Union minister for power and new and renewable energy R K Singh said in Gandhinagar on Friday that India is committed to reducing the emissions intensity of its GDP by 45 per cent by 2030 compared to the 2005 level.
Speaking to the media on the sidelines of a national conference on ‘Energy Transition in India — Road Travelled and Opportunities Ahead’ in Gandhinagar, Singh said that developed countries should focus on reducing carbon emissions rather than looking into how carbon emissions are produced.
Organized as part of Vibrant Gujarat Global Summit 2024, the event is being attended by more than 250 Indian and foreign representatives from the power and renewable energy sector.
The two-day conference will focus on scaling up renewable energy generation and consumption by considering challenges related to grid integration, financing tools and developing supporting infrastructure.
The minister said in his address that the main objective of this conference is to move forward with an ambitious vision of promoting clean energy and facilitating the energy transition.
He said that India is committed to reducing the emission intensity of its GDP by 45 per cent by 2030 compared to the 2005 level.
State minister for finance and energy Kanubhai Desai said Gujarat is the first state in the country to announce a policy on renewable energy providing incentives.
He said that Gujarat today ranks first in the country in terms of installed wind power capacity, accounting for 25% of the country’s total installed wind power capacity. In addition, Gujarat has the highest installed rooftop solar capacity, accounting for 26% of India’s total rooftop solar capacity.
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Speaking to the media on the sidelines of a national conference on ‘Energy Transition in India — Road Travelled and Opportunities Ahead’ in Gandhinagar, Singh said that developed countries should focus on reducing carbon emissions rather than looking into how carbon emissions are produced.
Organized as part of Vibrant Gujarat Global Summit 2024, the event is being attended by more than 250 Indian and foreign representatives from the power and renewable energy sector.
The two-day conference will focus on scaling up renewable energy generation and consumption by considering challenges related to grid integration, financing tools and developing supporting infrastructure.
The minister said in his address that the main objective of this conference is to move forward with an ambitious vision of promoting clean energy and facilitating the energy transition.
He said that India is committed to reducing the emission intensity of its GDP by 45 per cent by 2030 compared to the 2005 level.
State minister for finance and energy Kanubhai Desai said Gujarat is the first state in the country to announce a policy on renewable energy providing incentives.
He said that Gujarat today ranks first in the country in terms of installed wind power capacity, accounting for 25% of the country’s total installed wind power capacity. In addition, Gujarat has the highest installed rooftop solar capacity, accounting for 26% of India’s total rooftop solar capacity.
We also published the following articles recently
Supplementary budget focuses on infra development, energy
UP government tables a supplementary budget of Rs 28,760 crore for power and infrastructure development. It includes provision for 97 new projects worth over Rs 7,000 crore and allocation of Rs 21,000 crore to ongoing projects. The energy department receives the highest chunk of Rs 11,000 crore, followed by the Public Works Department. The budget also allocates funds for municipal corporations, housing department, Ayodhya Conservation and Development Fund, sugarcane dues, and various other projects.
UP government tables a supplementary budget of Rs 28,760 crore for power and infrastructure development. It includes provision for 97 new projects worth over Rs 7,000 crore and allocation of Rs 21,000 crore to ongoing projects. The energy department receives the highest chunk of Rs 11,000 crore, followed by the Public Works Department. The budget also allocates funds for municipal corporations, housing department, Ayodhya Conservation and Development Fund, sugarcane dues, and various other projects.
Developed nations need to cut down emissions; there should be talks on this at COP28: Union power minister R K Singh
Union Power Minister R K Singh emphasized that the dialogue at COP28 should focus on reducing emissions, with developed countries taking the lead due to their higher emissions. Singh highlighted that developed countries contribute 80% of the total legacy carbon dioxide load, despite having a smaller population. In contrast, India’s contribution is only 3%, even though its population is 17% of the world. He emphasized the need to reduce carbon emissions and not focus on the choice of fuel, stating that the discussion on coal is a diversion from addressing emissions. Singh also emphasized the importance of energy transition with access to electricity for all, the need for storage capacity augmentation, and the potential for India to export solar modules.
Union Power Minister R K Singh emphasized that the dialogue at COP28 should focus on reducing emissions, with developed countries taking the lead due to their higher emissions. Singh highlighted that developed countries contribute 80% of the total legacy carbon dioxide load, despite having a smaller population. In contrast, India’s contribution is only 3%, even though its population is 17% of the world. He emphasized the need to reduce carbon emissions and not focus on the choice of fuel, stating that the discussion on coal is a diversion from addressing emissions. Singh also emphasized the importance of energy transition with access to electricity for all, the need for storage capacity augmentation, and the potential for India to export solar modules.