Government responded effectively to Hormuz disruptions through supply side and demand side measures, need to diversify energy sources: Senior official
New Delhi, June 30 -- India's handling of the Strait of Hormuz crisis shows that diversification, infrastructure upgrades and sustained policy support will be key to insulating the economy from any future supply shock, Vivek Kumar, Additional Chief Secretary, Land & Land Reforms Department, West Bengal, has said.
In an interview with ANI, Kumar recalled the timely and measured steps taken by the government to meet the supply disruptions caused by the West Asia crisis.
He laid stress on diversifying sourcing, strengthening seaborne crude and LNG infrastructure, and reducing dependence on imported oil and gas by expanding renewable and nuclear energy.
He also urged policy changes to attract global technology and capital into upstream exp...
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