Petroleum and Natural Gas Minister Dharmendra Pradhan has said that India’s growing energy sector is attracting foreign investors. <br />” <br />” Petroleum and Natural Gas Minister Dharmendra Pradhan has said that India’s growing energy sector is attracting foreign investors. <br />” <br />” Speaking at an event in New Delhi today, Mr Pradhan said, the sector has repeatedly received funding from Sovereign Wealth Funds, Pension Funds, long-term strategic investors from Western countries, Asian Countries and the West Asia. <br />” <br />” He said, the economy projected to grow at more than 7 percent, will attract more funding. The Minister assured that many companies have successfully raised funding through overseas bond market and this funding route is likely to grow manifold going forward.<br />” <br />” Mr Pradhan reiterated government's commitment towards clean energy. He said, the government has already implemented fuel efficiency norms for commercial heavy vehicles and to tackle the issue of pollution, we are looking at gas-based transportation solutions.<br />” <br />” The Minister said, the government will promote electric vehicles, but it will be a holistic and integrated planning. He said, all forms of transportation, which are clean and affordable, will be given consideration in the energy policy of the government.<br />”
News On AIR | August 2, 2019 9:22 PM | Dharmendra Pradhan
India’s growing energy sector is attracting foreign investors: Dharmendra Pradhan