Biofuel blending saved ₹91,000 crore on import bill, says Hardeep Puri at Bengaluru
On 12 November 2024 in Bengaluru, Karnataka, Petroleum Minister Hardeep Singh Puri inaugurated a three-day Energy Technology Meet and said biofuel blending has saved the country ₹91,000 crore on the import bill.
Summary
On 12 November 2024 in Bengaluru, Karnataka, Union Petroleum and Natural Gas Minister Hardeep Singh Puri inaugurated a three-day Energy Technology Meet organised by the Centre for High Technology and Indian Oil Corporation Limited. He said biofuel blending had saved the country ₹91,000 crore on the import bill, money that could benefit the agricultural sector, and that India's energy demand will grow two and a half times by 2047. He said efforts must double to reach net zero by 2070, and distributed the ministry's best energy efficient technology awards for 2023-24.
Key facts
- Date/place
- 12 Nov 2024, Bengaluru, Karnataka
- Event
- Three-day Energy Technology Meet
- Organisers
- Centre for High Technology and IOCL
- Biofuel saving
- ₹91,000 crore on import bill
- Energy demand
- To grow 2.5 times by 2047
- Net zero
- 2070
Practice MCQs 2 questions
According to Petroleum Minister Hardeep Puri on 12 November 2024, how much has biofuel blending saved India on its import bill?
Show answer
Correct answer: B — ₹91,000 crore
PIB (Petroleum): Puri said through biofuel blending the country could save 91,000 crore rupees on the import bill.
At the Energy Technology Meet in Bengaluru (November 2024), the Petroleum Minister said India's energy demand will grow how much by 2047?
Show answer
Correct answer: A — Two and a half times
PIB (Petroleum): the minister said India's energy demand will grow by two and a half times by 2047.