Minister of New and Renewable Energy Pralhad Joshi announced that the government is making significant investments in energy storage systems. These investments are aimed at supporting the country's transition to a green economy and, combined with the focus on wind and solar energy, will help reduce electricity costs in the coming years.
Investments and Outcomes
Joshi emphasized that active investment is underway in energy storage systems, with a particular focus on wind, solar, and storage energy. He noted that positive results will become apparent soon, leading to lower electricity prices.
Other Transport Initiatives
Furthermore, Joshi mentioned the country's first hydrogen fuel train, noting that this places India among the nations actively investing in the future of sustainable transport.
State Initiatives
At the event, Member of Parliament CM Mohan Yadav presented his state's initiatives in sustainable development. These measures include efforts in afforestation and water resource conservation. He expressed confidence that India will continue to play a leading global role in climate change, green, and circular economies, which shape the future of development worldwide.