Millennium Post

Modi to inaugurate Urja Sangam 2015 on March 27

The Vigyan Bhawan meet will deliberate on contemporary challenges and opportunities of shaping the energy security of the country in a rapidly changing landscape.

Under the “vibrant leadership” of PM Modi, the country is at the “threshold of the next great phase of socio-economic transition” with all round optimism in its citizens.

“As the gears of progress are turning fast, country will be hungry for more energy resources to match the needs for development and therefore it is time to evaluate the past, consider the present and chart a future of Hydrocarbon Industry in India to nourish all round development,” an official said, explaining the idea behind the all important energy meet.  Energy security is the “backbone of the key government initiatives and this event will focus on showcasing India’s promising potential in the Hydrocarbon sector to the world and creating an investor-friendly atmosphere,” said Dharmendra Pradhan, Minister of State for Petroleum & Natural Gas.

Urja Sangam will create long-term business opportunities by drawing a road map to firm-up the country’s energy security, integration of downstream, midstream and up-stream segments besides firming up cooperation agreements with key global players, another official said.  Finance Minister Arun Jaitley, Minister for Communication Ravi Shankar Prasad, Dharmendra Pradhan, Minister of State for Petroleum & Natural Gas and renowned author and Speaker Daniel Yergin will also address the summit.

An official elaborated about the agenda of the meet and the steps taken by the Ministry of Petroleum & Natural Gas for the benefit of common citizen, which included direct transfer of subsidy on LPG cylinders to the consumers, initiatives to provide affordable and reliable energy even to the poorest of the poor, Power for All by 2019 and Make in India. He said that it “will further need energy and all these issues will be discussed in the summit”.

All the state-owned companies in the petroleum sector are coming together with country’s foremost international petroleum company ONGC Videsh, engineering giant Engineers India Limited and refining major Indian Oil Corporation’s Barauni Refinery for celebrating their glorious journey of 50 years during – ‘Urja Sangam 2015: Shaping India’s Energy Security’.
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