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PM Modi says fossil fuel dependence threatens economic stability

By · Via Times of India · Published by Everything Blog

In short

India reached its Paris Agreement objective of deriving half its power capacity from non-fossil sources in 2025, five years ahead of schedule. Non-fossil installations now account for nearly 300 gigawatts, with policies aiming for 500 gigawatts by 2030 and an additional 500 gigawatts in the following decade. To support this growth, the government has launched a Rs 2 lakh crore grid expansion initiative alongside the National Green Hydrogen Mission.

Key points

  • Expanding clean energy capacity is crucial for shielding national economies from geopolit…: Expanding clean energy capacity is crucial for shielding national economies from geopolitical and supply chain shocks.
  • Comprehensive grid modernization and targeted hydrogen programs are vital to absorbing ma…: Comprehensive grid modernization and targeted hydrogen programs are vital to absorbing massive renewable generation increases.
  • Sustained capital investments and targeted citizen schemes are driving rapid adoption acr…: Sustained capital investments and targeted citizen schemes are driving rapid adoption across domestic and agricultural sectors.

Sources checked by our analysis pipeline: 1

NEW DELHI: Prime Minister Narendra Modi on Monday said the future of energy security lies in clean energy, warning that continued dependence on fossil fuels could disrupt the global economy.

Speaking at the Bharat Renewable Energy Summit and Expo (BRESE) 2026 at Bharat Mandapam, PM Modi said recent global crises, from the Covid-19 pandemic to the conflict in West Asia, had shown how closely energy security is linked to economic stability.

He said India's investments and initiatives over the past decade had helped the country avoid major economic disruptions.

“This global crisis has given a clear message to every country that energy security is directly connected to economic security. And we all know that the future of energy security lies in clean energy,” PM Modi said, according to ANI.

“If we continue to rely heavily on fossil fuels, then the global economy will continue to be disrupted. Because the stockpile of fossil fuels is limited in some regions, but the potential of renewable energy is unlimited. And every region, every country can take advantage of it,” he added.

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