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India has taken a lead in energy accessibility: Modi

IANS  |  Greater Noida 

has taken a lead in and will achieve 100 per cent household electrification by the end of this year, said on Monday.

Addressing the Petrotech 2019 global here, also noted the country's progress in moving to a by bringing clean cooking fuel to poor households.

"Electricity has already reached all rural areas. This year, the 100 per cent electrification of households will be achieved through the Saubhagya scheme," he said.

"Over 6.4 crore households were given LPG connections in just three years under the Ujjwala Scheme. A 'Blue Flame' revolution is underway and LPG coverage has reached more than 90 per cent of the population," said

Noting that "energy justice" is a priority for his government, the said: "India's of Getting Electricity ranking had improved from 111 in 2014 to 29 in 2018."

Turning to the global energy situation, Modi said a "historic transition" is underway and the world needs to move towards more responsible pricing for

"Energy supply, and patterns are changing, perhaps, this could be a historic transition. There is a shift in from West to East," he said.

He emphasised the need to move towards transparent and flexible markets for both

"For far too long the world has seen crude prices on a roller coaster and called for responsible pricing of and natural gas, which balances the interests of both the producer and consumer," he said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 13:34 IST