PM Modi to dedicate INR 10,400 crore in energy projects, bolstering India’s infrastructure and green transition

<p>Narendra Modi </p>
Narendra Modi

New Delhi: In a significant boost to India’s energy infrastructure, Prime Minister Narendra Modi is set to launch and dedicate various initiatives in the petroleum and natural gas sector totalling INR 10,400 crore. This major announcement is part of his visit to Pune, Maharashtra, scheduled for September 26.

During this visit, the prime minister will also inaugurate the completed first phase of the Pune Metro Rail Project, which includes the newly finished underground section from District Court to Swargate, constructed at a cost of INR 1,810 crore. Following this, he will lay the foundation stone for the Swargate-Katraj Extension of the Pune Metro, a project estimated at INR 2,950 crore.

Among the key highlights of his visit, Modi will launch several green initiatives aimed at reducing carbon emissions and promoting cleaner mobility. This includes the dedication of 500 new electric vehicle (EV) charging facilities nationwide, as part of a broader effort to build 10,000 EV charging stations by FY 2025, with an estimated budget of INR 1,500 crore. Additionally, he will inaugurate 20 Liquefied Natural Gas (LNG) stations, with plans for 50 more across various states, totaling an investment of approximately INR 500 crore.

Moreover, PM Modi will unveil 1,500 retail outlets for E20 (20% ethanol-blended) petrol, reflecting the government’s commitment to sustainable energy practices, a project worth around INR 225 crore.

The visit will also witness the inauguration of way side amenities for truck and cab drivers, constructed at a cost of INR 2,170 crore across multiple states including Maharashtra, Punjab, Gujarat, and Karnataka. These facilities are designed to enhance the travel experience by offering services such as boarding, lodging, and safe parking.

On a broader scale, the prime minister will also inaugurate Solapur Airport and the Bidkin Industrial Area, which promises to bolster economic growth in the Marathwada region as part of the National Industrial Corridor Development Program.

  • Published On Sep 28, 2024 at 08:18 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETAuto App

  • Get Realtime updates
  • Save your favourite articles
Scan to download App

Go to Source