NEW DELHI: As high oil, gas and coal prices threaten the nascent global economic recovery, PM Narendra Modi on Wednesday invited global majors to become partners in India’s bid to become self-reliant in energy by 2050, a pledge he made from the ramparts of the Red Fort on Independence Day.
During his sixth annual brainstorming session with a galaxy of chief executives of global energy majors and experts, Modi underlined the policy measures taken by his government during the last seven years in this direction, including steps to expand exploration and production of oil and gas.
According to a statement released by the Prime Minister’s Office, Modi told the CEOs, “India is a land of openness, optimism and opportunities; and brimming with new ideas, perspectives and innovation.”
