India plans $60 billion investment in gas infrastructure, says Dharmendra Pradhan
The $60 billion spend envisages creating gas infrastructure till 2024, including for pipelines, LNG terminals and city gas distribution networks PTI
Union Petroleum Minister Dharmendra Pradhan (File Photo)
Petroleum Minister Dharmendra Pradhan on December 17 said the government has planned a $60-billion investment for creating gas infrastructure in the country till 2024, and gas share in the energy mix is expected to rise to 15 percent by 2030. Currently, gas accounts for 6 percent in the country s total energy mix.
Speaking at Assocham Foundation Day Week 2020, the minister said, On the investments front, we have envisaged a $60 billion spend in creating gas infrastructure till 2024, including for pipelines, LNG terminals and CGD (city gas distribution) networks. We are ushering a gas-based economy by increasing the share of natural gas in India s pri
India plans $60-bn investment in gas infrastructure: Dharmendra Pradhan
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Last Updated: Dec 17, 2020, 03:56 PM IST
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India s first automated national-level gas trading platform was launched in June this year to promote and sustain an efficient and robust gas market and foster gas trading in the country. Coverage of CGD projects are being expanded to 232 geographical areas spread over 400 districts, with potential to cover about 53 per cent of the country s geography and 70 per cent of population, Pradhan said.
New Delhi: Petroleum Minister Dharmendra Pradhan on Thursday said the government has planned a USD 60-billion investment for creating gas infrastructure in the country till 2024, and gas share in the energy mix is expected to rise to 15 per cent by 2030. Currently, gas accounts for 6 per cent in the country s total energy mix.
Petroleum Minister Dharmendra Pradhan on Thursday said the government has planned a USD 60-billion investment for creating gas infrastructure in the country till 2024, and gas share in the energy mix is expected to rise to 15 per cent by 2030. Currently, gas accounts for 6 per cent in the country s total energy mix. Speaking at Assocham Foundation Day Week 2020, the minister said, On the investments front, we have envisaged a spend of USD 60 billion in creating gas infrastructure till 2024, including for pipelines, LNG terminals and CGD (city gas distribution) networks. He further told, We are ushering a gas-based economy by increasing the share of natural gas in India s primary energy mix from 6.2 per cent to 15 per cent by year 2030.
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India plans USD 60-bn investment in gas infrastructure: Pradhan
NEW DELHI: Petroleum Minister Dharmendra Pradhan on Thursday said the Government has planned a USD 60-billion investment for creating gas infrastructure in the country till 2024, and gas’ share in the energy mix is expected to rise to 15 per cent by 2030.
Currently, gas accounts for 6 per cent in the country’s total energy mix.
Speaking at Assocham Foundation Day Week 2020, the minister said, “On the investments front, we have envisaged a spend of USD 60 billion in creating gas infrastructure till 2024, including for pipelines, LNG terminals and CGD (city gas distribution) networks.”
He further told, “We are ushering a gas-based economy by increasing the share of natural gas in India’s primary energy mix from 6.2 per cent to 15 per cent by year 2030.”