India making significant strides in green shipping sector: Pralhad Joshi
Emphasizing India’s significant progress in green shipping and energy transition, Union Minister of New and Renewable Energy, Pralhad Joshi has said ‘India stands as a global voice of reason in its commitment to the pursuit of a sustainable energy future that aligns with our growth ambitions and environmental responsibilities'.
The Minister also highlighted India’s energy transition and noted that India has achieved significant milestones in its shift to renewable energy. He said ‘India is the only G20 country to have met its climate targets ahead of schedule, despite having the lowest per capita emissions among G20 nations.’ Besides, he emphasized that energy security and access remain paramount for India, but this has never hindered the nation’s commitment to energy transition on both national and global scales.
Further, Joshi emphasized the crucial role of the maritime sector in global trade and its impact on greenhouse gas emissions. He said ‘As we progress towards achieving net-zero emissions, the necessity for sustainable maritime transport has become very important. India is making significant strides in the green shipping sector, driven by government initiatives, technological advancements, and international collaborations.’
The Minister detailed how Indian shipyards are being modernized and older dockyards are being evaluated for reopening to expand green shipbuilding capacity. He noted ‘India is becoming a promising hub for green shipbuilding,’ citing the government’s strong emphasis on alternative fuels and renewable energy sources like biofuels and wind power. India is upgrading its port infrastructure to support green shipping fuels and vessels using hybrid models, with the goal of ranking among the top five shipbuilding nations by 2047.