Narendra Modi on Tuesday invited global investments in India's energy sector, saying the country offers immense possibilities in its pursuit of ambitious renewable energy transition goals in the next five years. Referring to the target of having 500 GW of renewable energy, 5 million tonnes of green hydrogen per annum output by 2030 as well as the launch of fresh bidding rounds for oil and gas assets, the prime minister said «there are possibilities of new investments and I hope that you explore all possibilities in India».
«There are many possibilities of investment in these sector,» Modi said addressing the India Energy Week 2025 (IEW'25) virtually.
«You are not just a part of India energy week, you are an important part of India's energy ambitions,» Modi told investors.
He further said, «All experts are saying that 21st century is India's century. Bharat is not only driving it's own growth but driving global growth.»
India's energy ambitions, he said, are based on five pillars.
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