PM Modi Says India Beat Energy Crisis
Prime Minister Narendra Modi said India successfully managed what he described as the biggest energy crisis of the 21st century, triggered by conflict in West Asia, through timely decisions, diplomacy and resource management.
PM Modi On India Energy Crisis
Addressing a public programme in Balotra, Rajasthan, PM Modi said the West Asia conflict had created serious concerns over fuel supply, especially because a large share of India’s LPG imports came through the Gulf region and the Strait of Hormuz route.
He said India assessed the crisis early, prepared a strategy and used its diplomatic relationships to protect national energy security. According to the Prime Minister, India expanded its energy sourcing from around 25-26 countries to nearly 40 countries to ensure uninterrupted supplies.
LPG Prices And Fuel Supply Management
PM Modi said the government worked to prevent a sharp increase in domestic cooking gas prices despite pressure on global supply chains. He said LPG cylinder prices could have risen sharply during the crisis, but government intervention helped keep prices under control for consumers.
He also said oil marketing companies suffered losses of nearly ₹75,000 crore between April and June on petrol and diesel, with the government absorbing the pressure to protect citizens from the impact of international price volatility.
Rajasthan Refinery And Energy Security
The remarks came as PM Modi dedicated the greenfield integrated refinery-cum-petrochemical complex at Pachpadra in Rajasthan’s Balotra district. The project is expected to strengthen India’s refining capacity and support industrial development in the region.
The Prime Minister also linked the refinery to India’s broader push for energy security and self-reliance. He said India had improved its refining capacity and emerged as one of the world’s leading refining nations.
PM Modi also referred to the fertiliser crisis linked to global conflicts, saying the government ensured Indian farmers continued to receive urea at subsidised rates despite high international prices.
