BENGALURU, Feb. 5 (BNA): More than 500 energy industry heavyweights and 30,000 participants will descend on the southern Indian city of Bengaluru on Monday to discuss the future of renewables and fossil fuels at India Energy Week, the country’s first major ticket event for the presidency. of the G20 leading economies.
Speakers will discuss the need to intensify the transition to clean energy. But the overwhelming presence of stakeholders in the oil and gas industry has raised questions from climate analysts.
Hardeep Singh Puri, India’s Minister of Petroleum and Natural Gas, said the event will showcase India as a global energy transition power.
But Puri added that “India’s clean energy goals must be weighed against the country’s growing economy and growing energy demands.” The country is set to become the most populous country in the world this year.
India is currently the third largest emitter of greenhouse gases, but has pledged to reach net zero emissions by 2070 and dramatically increase its renewable energy capacity.
India Energy Week runs from February 6-10 and coincides with the first meeting of the G20 Energy Transition Working Group. The Asian Ministerial Energy Roundtable, where energy ministers from major Asian countries will meet, will also be held as part of the event in Bengaluru.
MI