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PM Modi to launch Rs 10,400 cr energy projects

Tuesday 1st Oct 2024    183
PM Modi to launch Rs 10,400 cr energy projects
 

Prime Minister Narendra Modi will unveil several initiatives in the petroleum and natural gas sectors, worth a total of Rs 10,400 crore, as part of his upcoming visit to Pune, Maharashtra, on September 26. The announcement represents a significant boost to India’s energy infrastructure.

During his visit, Modi will inaugurate the completed first phase of the Pune Metro Rail Project, which includes the recently completed underground section from District Court to Swargate, built at a cost of Rs 1,810 crore. He will also lay the foundation stone for the Swargate-Katraj Extension of the Pune Metro, estimated at Rs 2,950 crore.

Key highlights of his visit include the launch of several green initiatives aimed at reducing carbon emissions and promoting cleaner mobility. This includes dedicating 500 new electric vehicle (EV) charging facilities nationwide, part of a broader plan to set up 10,000 EV charging stations by FY 2025, with a budget of Rs 1,500 crore. In addition, he will inaugurate 20 Liquefied Natural Gas (LNG) stations, with plans for 50 more in various states, involving an investment of around Rs 500 crore.

Prime Minister Modi will also open 1,500 outlets for E20 petrol (20% ethanol), reflecting the government’s commitment to sustainable energy practices. The project cost is around Rs 225 crore.

Furthermore, the visit will see the inauguration of roadside facilities for truck and taxi drivers, built at a cost of Rs 2,170 crore in various states including Maharashtra, Punjab, Gujarat and Karnataka. These facilities are aimed at enhancing the travel experience by providing services such as boarding, accommodation and secure parking.

On a larger scale, the Prime Minister will inaugurate the Solapur airport and the Bidkin industrial estate, which are set to boost economic growth in the Marathwada region as part of the National Industrial Corridor Development Programme.

 
 
 
 

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