India’s energy requirement set to double by end of this decade: Mukesh Ambani

New Delhi: India’s energy requirement is set to double just by the end of this decade, Reliance Industries Chairman Mukesh Ambani said on Saturday.

Speaking at the 11th convocation of Pandit Deendayal Energy University (PDEU), Ambani, who is also the President of the university, said that energy transition has become the most critical factor in ensuring India’s transformation into a global leader in green, sustainable and inclusive development. “And PDEU is at the forefront of education and research in this area.”

“PDEU has launched four landmark initiatives to train its students in cutting-edge energy technologies that will make the world a greener and better place for future generations. One, a 45 MW Solar PV production line to train students in solar energy production; two, a Smart Hybrid Micro-Grid System to teach students the technique of energy storage; three, an Apple Lab for cutting-edge technology exploration and skill development; and four, a multi-game Sports Arena to produce high-quality sporting talent,” he added.

“With both humility and pride, I would like to inform that Reliance Foundation has already paid over Rs 130 crore out of a total commitment of Rs 150 crore to build world-class infrastructure and transform PDEU,” Ambani said.

“PDEU is much more than an energy university… It is a crucible where the vision of a clean, green, and sustainable tomorrow is being turned into reality,” he said.

“In the next 25 years, India will witness an unprecedented explosion of economic growth. From a $3.5 trillion economy today, it will become a 40 trillion-dollar economy by 2047.

“And to fuel this growth, the country will need enormous amounts of energy – Clean, Green Energy that won’t choke Mother Nature for the sake of human progress,” Ambani added.

IANS

4 carmakers to recall over 530,000 vehicles due to faulty parts

Seoul: Hyundai Motor, Kia and two other carmakers will voluntarily recall over half a million vehicles in South Korea to address defective components, the transport ministry here said on Wednesday....

Crude oil prices near $100 again as Strait of Hormuz remains constrained

Mumbai: Global crude oil prices edged higher to nearly $100 a barrel on Wednesday as traders and investors analysed the outlook for US-Iran peace talks following US President Donald Trump’s...

RBI tightens e-mandate rules, makes extra authentication mandatory for recurring payments above Rs 15,000

Mumbai: The Reserve Bank of India (RBI) on Tuesday issued consolidated guidelines for e-mandates in digital payments, mandating an additional factor of authentication (AFA) to enhance the security of recurring...

Adani Power’s arm sets up new atomic energy subsidiary

Ahmedabad: Adani Power Limited on Tuesday announced the incorporation of a new step-down, wholly-owned subsidiary as it strengthens its presence in the atomic/nuclear energy space. In a regulatory filing, the...

AI firms invest 4 times more in core capabilities, leaders see 39 pc returns: Report

New Delhi: Technology companies with successful artificial intelligence (AI) initiatives invest up to four times more in core capabilities such as data quality, governance, AI-ready talent and change management, even...

Rupee rises by 10 paise as crude rallies; precious metals fall nearly 2 pc

Mumbai: The Indian rupee gained 10 paise on Monday, opening at 92.83 against the US dollar, buoyed by a significant decline in crude oil prices, optimism around easing geopolitical tensions,...

Govt eyes big push for flex fuel vehicles amid turmoil in global oil market

New Delhi: The government is looking at stepping up efforts to promote Flex Fuel Vehicles (FFVs) as it looks to deepen ethanol use in the transport sector amid disruptions in...

Investor wealth erodes as 7 penny stocks sink up to 70 pc in 2026

Mumbai: As many investors chase quick gains in low-priced shares, at least 7 penny stocks have emerged as major losers in calendar year 2026 so far, plunging between 40 per...

Time to reduce dependency on China for critical minerals: G7

  New Delhi: With an aim to reduce dependency on China for critical minerals, Group of Seven (G7) countries have agreed to step up cooperation with resource-rich countries and multilateral...

Govt selects 10 AI startups for international expansion programme

New Delhi: The IndiaAI Mission under the Ministry of Electronics and Information Technology (MeitY) has selected 10 Indian Artificial Intelligence (AI) startups for the second cohort of its global acceleration...

Gautam Adani becomes Asia’s richest person, surpasses Mukesh Ambani

New Delhi: Billionaire industrialist Gautam Adani, Chairman of the Adani Group, has become Asia’s richest individual, overtaking Reliance Industries Chairman Mukesh Ambani, according to the latest Bloomberg Billionaires Index. Gautam...

TCS row: Infosys dismisses social media allegations over harassment at Pune facility

New Delhi: Amid the ongoing workplace harassment probe at TCS Nashik, IT bellwether Infosys has dismissed social media allegations of workplace harassment at its Business Process Management (BPM) facility in...

Read Previous

Manoj Muntashir publicly apologises for ‘Adipurush’ fiasco

Read Next

X may go bankrupt under Elon Musk if advertisers keep fleeing

WP2Social Auto Publish Powered By : XYZScripts.com