This coming Monday in Bengaluru, Prime Minister Narendra Modi will launch the three-day India Energy Week. The prime minister will reportedly also participate in a plenary session and host a roundtable discussion with CEOs. The event is expected to host more than 650 exhibitors, and 34 ministers from various nations will attend. According to insiders, this will be the first time that India has organised such a significant event, and a record number of chief executive officers from the leading energy corporations are expected to attend. At India Energy Week, the PM will
announce significant energy initiatives, such as an acceleration of ethanol blending in gasoline to 20% under the plan termed E20 by 2025, which is expected to reduce vehicle emissions as well as the nation's reliance on fuel imports. India has pushed its objective to achieve 20% from previously 2030 to now 2025–26 and raised the amount of ethanol blended into gasoline from 1.53 percent in 2013–14 to 10.17 percent in 2022. The majority of India's energy requirements are imported, therefore diversifying domestic energy sources is considered as a way to lessen the country's reliance on foreign fuel.
Denatured ethyl alcohol, which is utilised in the chemical industry, would be exempt from basic customs charge, according to Sitharaman's proposal in this year's budget. She claims that this will also help the government's effort to switch to a cleaner energy source and assist the ethanol blending programme.
According to insiders, the PM will also announce additional initiatives at India Energy Week, such as solar-powered cooktops, clothing made from millions of recycled plastic bottles, and the launch of a green hydrogen mobility rally. According to the reports, the Prime Minister will also officially launch the green hydrogen mobility rally.