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.
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.”
Govt to invest $60 billion in gas infrastructure: Dharmendra Pradhan
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, said Petroleum Minister Dharmendra Pradhan
PTI | December 17, 2020 | Updated 16:45 IST
Petroleum Minister Dharmendra Pradhan
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.
Updated:
December 17, 2020 22:27 IST
Centre aims to raise natural gas’s share from 6% to 15% by 2030, says Pradhan
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Centre aims to raise natural gas’s share from 6% to 15% by 2030, says Pradhan
Petroleum Minister Dharmendra Pradhan on Thursday said the government had planned a $60-billion investment for creating gas infrastructure in the country till 2024, and that gas’s share in the energy mix is expected to rise to 15% by 2030.
Currently, gas accounts for 6% in the country’s total energy mix. Speaking at the Assocham Foundation Day Week 2020, he said, “We have envisaged a spend of $60 billion in creating gas infrastructure till 2024, including for pipelines, LNG terminals and CGD (city gas distribution) networks.”
Prime Minister Narendra Modi will address captains of the industry at an Assocham Foundation Week programme on December 19 based on the theme India s resilience: Atmanirbhar roadmap towards USD 5 trillion economy , a statement said. Assocham will also call upon the Prime Minister of India to share his perspective about Indian and global economies with Indian industry, the chamber said. The week-long programme beginning on Tuesday has been broken down into sub-themes such as transforming Indian agriculture and the food value chain, to be addressed by Agriculture Minister Narendra Singh Tomar; and India becoming a global manufacturing hub, to be addressed by Commerce and Industry Minister Piyush Goyal.