PM inaugurates IEW 2023; Key initiatives in green energy sector

Representative Image

BENGALURU, Karnataka: Prime Minister of India Narendra Modi inaugurated the India Energy Week (IEW) 2023 in Bengaluru on February 6, 2023. The event was held from February 6 to 8, 2023.

PM launched the uniforms that are made of recycled Polyethylene Terephthalate (PET) bottles under the ‘Unbottled’ initiative of Indian Oil and flagged off the twin-cooktop model of Indian Oil’s Indoor Solar Cooking System for its commercial roll-out.

He also took part in launching E20 fuel at 84 retail outlets of Oil Marketing Companies in 11 states/UTs and flagged off the Green Mobility Rally where vehicles running on green energy sources will take part and will help to create public awareness on green fuels.

At the inaugural event, Hardeep Singh Puri, Minister for Petroleum and Natural Gas, Government of India said that it captures India’s dreams and aspirations of an ‘Amrit Kaal’, whilst also underlining the role in the 21st Century global economy as a ‘Vishwaguru’ following ideals of ‘Vasudhaiva Kutumbakam’.

He mentioned that “IEW 2023 comes at a watershed in the global energy landscape and it will devise solutions to solve the global energy quadrilemma of energy access, affordability, and availability with security at its pivot and devise solutions for the future global energy transition. This year’s theme ‘Growth Collaboration Transition’ is very apt as it underscores the need for us to collaborate and grow together.”

Talking about the ‘Unbottled’ initiative of Indian Oil, minister Puri informed, “In line with the clarion call given by Hon’ble PM, to phase out single-use plastic items, we are launching largest initiative in world to reuse and recycle 100 million PET bottles per year. This also resonates with global initiative of Lifestyle for the Environment (LiFE) movement launched by PM. PET bottles will be converted into cloth for the front line workers of Oil Marketing Companies (OMCs), non-combat uniforms for Armed Forces and other Institutions & Retail sales.”

He further added that the Union Budget 2023 has allocated ₹35,000 crore or priority capital investments towards energy transition and net zero objectives, energy security, and has made significant policy changes for accelerating outcomes.

He expressed confidence that IEW will offer an unmatched global networking platform for all where key priorities will be set and new collaborations and partnerships in the energy sector will be formed.