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New Delhi : Union Petroleum and Natural Gas & Steel Minister Dharmendra Pradhan has invited the global industry and experts to become partners in India’s shared prosperity by enhancing India’s production of all forms of energy.

Speaking at the concluding Session of CERA Week India Energy Forum on October 28, 2020, evening, Pradhan said that inauguration of India Energy Forum by PM Narendra Modi is reflective of the importance the Government of India attaches to improve the energy security, architecture, and transform our energy landscape at a time when the Covid-19 pandemic is impacting adversely the global energy sector.

Pradhan underlined the key message of the Prime Minister about the rapid strides made by India in making universal electrification at village level, Clean Cooking Fuel reach far and wide in the country to each and every household, and nationwide supply of LED bulbs, leading to massive energy efficiencies, thereby delivering on our promise of significantly reducing energy poverty in the country.

Pradhan said that the Prime Minister on the first day of the event interacted with CEOs/Experts and Leaders of World’s leading Oil and Gas companies and exchanged ideas on the energy sector in India.  He said that the Prime Minister highlighted that at the core of the Government policy is providing equitable access of clean, affordable and sustainable energy to all Indians.

The Minister said that Indian oil and gas industry has made significant strides in recent years. It has risen to the occasion in a commendable manner during these challenging times by ensuring energy supplies, including making clean cooking fuel reach the remotest part of the country.

Pradhan said under the decisive and visionary leadership of the Prime Minister, we are making concerted efforts and taking all necessary steps to make the energy sector fuel India’s economic growth during and in the post-Covid period.   He said that the world is going through unprecedented health crisis and the Covid pandemic is obstructing the economic growth in the world. “We are at such a point, where we have to assess the impact of Covid led disruptions to global energy sector supply chains and calibrate our approach towards strengthening of India’s energy sector,” Pradhan added, according to a PIB release.

Around 40 global CEOs of oil and gas companies, as well as Indian CEOs from public and private companies participated at the event and presented their views, suggestions and investments in the country. Addressing the industry leaders, the Prime Minister had stated that with India’s energy demand estimated to double in the next two decades, India has a unique role to play in rebuilding a more sustainable world.

The India Energy Forum by CERAWeek, which started in 2017, has become an annual event. Pradhan commended Dr. Daniel Yergin, Vice Chairman IHS Markit, and his team for their dedication in continuing uninterrupted with the fourth edition of the India Energy Forum on a virtual platform. During the 3-day event, Pradhan had launched the book “The New Map” by Dr. Yergin.