Prime Minister Narendra Modi virtually inaugurated and addressed the India Energy Week (IEW) 2025 on Tuesday, presenting India’s bold energy future and emphasizing the crucial role the next two decades will play in the country’s growth.
“The coming two decades are critical for India,” PM Modi said, adding, “In the next five years, we will achieve several major milestones, with many goals aligned to the 2030 deadline.” He outlined India’s plans to add 500 GW of renewable energy capacity by 2030, as part of the country’s commitment to sustainable growth.
The Prime Minister also highlighted India’s goals for carbon reduction and green energy: “The Indian Railways is set to achieve net zero carbon emissions by 2030. Additionally, we aim to produce 5 million metric tons of green hydrogen annually by 2030.”
India has firmly established itself as the third-largest solar power producer globally, with its non-fossil fuel energy capacity tripling in recent years. PM Modi emphasized, “India is now the third-largest solar power generating nation. Our non-fossil fuel energy capacity has tripled. We have already reached 19% ethanol blending and are on track to meet the 20% ethanol mandate by October 2025.”
The Prime Minister also underscored the rapid growth of India’s biofuels industry, which is supported by a sustainable feedstock of 500 million metric tons. He noted, “India’s biofuel industry is set to grow rapidly, fueled by a sustainable feedstock of 500 million metric tons. During India’s G20 presidency, the Global Biofuels Alliance was established and continues to expand. So far, 28 nations and 12 international organizations have joined the initiative, which is transforming waste into wealth and setting up centres of excellence.”
PM Modi reiterated that India is focused on maximizing its hydrocarbon resources, which has led to significant discoveries and the rapid expansion of gas infrastructure. “India is continually reforming to unlock the full potential of its hydrocarbon resources,” he said. “Thanks to major discoveries and the growing gas infrastructure, India’s natural gas sector is expanding rapidly. Currently, India is the fourth-largest refining hub globally, and efforts are underway to expand refining capacity by 20%.”
PM Modi also highlighted India’s role in shaping global energy trends, stating that experts regard the 21st century as India’s century, with the country set to drive both domestic and global economic growth.
Outlining the key pillars of India’s energy vision, PM Modi listed: “First, abundant resources that we are harnessing efficiently; second, innovation driven by the country’s brilliant minds; third, a strong economic foundation and political stability that encourage long-term investments; fourth, a strategic geographic location that enhances India’s role in global energy trade; and fifth, a firm commitment to global sustainability, which fosters new opportunities in India’s energy sector.”
In closing, PM Modi emphasized that India’s energy transition is not only a national effort but a global game-changer. “India’s energy transition is shaping the future of global energy dynamics,” he concluded.
