India’s green energy sector can make both investors and industries a sure-shot winner, Prime Minister Narendra Modi said on Tuesday at the India Energy Week.

Touching upon India’s stride in the green hydrogen sector, the Prime Minister highlighted that the National Green Hydrogen Mission will pave the way for India becoming a centre of hydrogen production and export.

Outlining the government’s commitment to transforming rural economies through the Waste to Wealth Management model, PM highlighted the government’s efforts towards sustainable development.

He announced “we are working towards the installation of 5000 Compressed Biogas Plants in India.”

Addressing global environmental concerns, Prime Minister Modi remarked, “Despite being home to 17 per cent of the world’s population, India’s Carbon Emission Share is only 4per cent.”

He added, “We are committed to further improving our Energy Mix by focusing on the development of environmentally sensitive energy sources.” The Prime Minister reiterated India’s goal to achieve Net Zero Emissions by 2070.

Prime Minister Modi noted, “Today, India ranks fourth in the world in Renewable Energy Installed Capacity. A total 40 per cent of India’s installed capacity comes from non-fossil fuels.”

Highlighting the nation’s progress in solar energy, Modi stated, “In the past decade, India’s Solar Energy Installed Capacity has grown by more than 20 times. The campaign to connect with Solar Energy is gaining momentum in India.”

The Prime Minister noted that the launch of a major mission aimed at installing Solar Rooftop Panels in one crore homes across India, will not only make one crore families self-reliant in the energy sector but also establish mechanisms to deliver excess electricity generated directly to the grid.

He emphasised the transformative impact of these initiatives. “There is a great potential for investment in the entire Solar Value Chain”, he added.

He encouraged collaboration and knowledge sharing in sustainable energy development, stating, “Let us learn from each other, collaborate on cutting-edge technologies, and explore avenues for sustainable energy development.”

PM Modi expressed optimism about building a prosperous future that prioritises environmental conservation. He stated, “Together, we can build a future that is prosperous and environmentally sustainable.”

Goa Governor P S Sreedharan Pillai, state Chief Minister Pramod Sawant, Union Petroleum and Natural Gas Minister Hardeep Singh Puri, his MoS Rameswar Teli were among the present on the occasion.