PM to inaugurate India Energy Week 2023 in Bengaluru, launch E20 fuel at 84 retail outlets
By: ICN Bureau
Last updated : February 05, 2023 1:08 pm
In line with the ethanol blending roadmap, the Prime Minister will launch E20 fuel at 84 retail outlets of Oil Marketing Companies in 11 states/UTs
Prime Minister Narendra Modi will inaugurate the India Energy Week (IEW) 2023 at Bengaluru on 6th February, 2023 at around 11:30 AM.
IEW is aimed to showcase India's rising prowess as an energy transition powerhouse. The event will bring together leaders from the traditional and non-traditional energy industry, government, and academia to discuss the challenges and opportunities that a responsible energy transition presents.
The event will witness presence of more than 30 ministers from across the world. Over 30,000 delegates, 1,000 exhibitors, and 500 speakers will gather to discuss the challenges and opportunities of India's energy future. During the programme, the Prime Minister will participate in a roundtable interaction with global oil & gas CEOs. He will also launch multiple initiatives in the field of green energy.
The Ethanol Blending Programme has been a key focus area of the government to achieve Atma Nirbharta in the field of energy. Due to the sustained efforts of the government, ethanol production capacity has seen a six times increase since 2013-14.
The achievements in the course of last eight years under under Ethanol Blending Programme and Biofuels Program have not only augmented India’s energy security but have also resulted in a host of other benefits including reduction of 318 Lakh Metric Tonnes of CO2 emissions and foreign exchange savings of around Rs. 54,000 crore. As a result, there has been payment of around Rs. 81,800 crore towards ethanol supplies during 2014 - 22 and transfer of more than Rs. 49,000 crore to farmers.
In line with the Ethanol Blending roadmap, the Prime Minister will launch E20 fuel at 84 retail outlets of Oil Marketing Companies in 11 states/UTs. E20 is a blend of 20% ethanol with petrol. The government aims to achieve a complete 20% blending of ethanol by 2025 and oil marketing companies are setting up 2G-3G ethanol plants that will facilitate the progress.
The Prime Minister will also flag off the Green Mobility Rally which will witness participation of vehicles running on green energy sources and will help create public awareness for the use of green fuels.
The Prime Minister will launch the uniforms under the ‘Unbottled’ initiative of Indian Oil. Guided by the vision of the Prime Minister to phase out single-use plastic, IndianOil has adopted uniforms for retail customer attendants and LPG delivery personnel made from recycled polyester (rPET) and cotton. Each set of uniform of IndianOil’s customer attendant shall support recycling of around 28 used PET bottles.
IndianOil is taking this initiative further through ‘Unbottled’ - a brand for sustainable garments, launched for merchandise made from recycled polyester. Under this brand, IndianOil targets to meet the requirement of uniforms for the customer attendants of other Oil Marketing Companies, non-combat uniforms for Army, uniforms/dresses for institutions, and sales to retail customers.