New Delhi, Jul 17 (Agency) India, by 2023-24, will have 20 per cent ethanol blending with petrol, said Industry Minister Piyush Goyal. “By 2023-24, India is going to be 20 per cent blending ethanol in our petrol products. Our ultimate target is to also have vehicles which can take up to 100 per cent ethanol,” said Goyal. The Minister said battery technologies are going to be very important for the sustainability mission.
“We are investing heavily on batteries now,” he said, addressing the valedictory session of the second edition of Aatmanirbhar Bharat (Self-Reliant India) for Renewable Energy Manufacturing on Friday. He also said the government is looking at rolling out of charging stations across the country to encourage electric vehicle users to recharge their batteries with renewable energy or solar energy during day time. “Our idea is to make India conscious of its electricity needs being met in a more sustainable fashion and balancing the cost of electricity in such a manner that our developmental goals do not get affected. From an overall renewable energy target of 175 GW by 2022, India is now looking at 450 GW by 2030,” he said. Dwelling on the energy transition the country has made over the decades, the minister said, “We are fully confident that India will play a leadership role in the area of renewable energy in the years to come.”