Budget 2021: Govt to set up gas pipeline operator to boost gas use
NEW DELHI : India will set up a transport system operator to auction gas pipeline capacity, finance minister Nirmala Sitharaman said on Monday, as the country seeks to deepen its gas markets and reduce its carbon footprint.
India, a signatory to Paris Climate accord, will also launch a Hydrogen Energy Mission in the next fiscal year to March 2022 for generating hydrogen from green power sources, Sitharaman said in her budget speech.
Setting up of a transport system operator mirrors similar entities in western countries where gas markets are developed and use of the cleaner fuel is very high.
