PM Narendra Modi said India’s energy sector offers USD 500 billion in investment opportunities, with plans to boost oil and gas investment to USD 100 billion by 2030 and expand refining capacity to 300 MTPA. He also called the India-EU trade deal a major boost for manufacturing and services

Union Minister Pralhad Joshi on Monday asserted that global solar investments will touch USD 500 billion this year from the USD 393 billion level in 2023 and said it is the most affordable energy source in many regions, surpassing coal and gas.