Fitch sees risks to India’s target of raising natural gas’ energy share

Price volatility and infrastructure constraints will challenge India’s target of increasing the share of natural gas in its primary energy to 15 per cent by 2030 from 6 per cent in 2017, Fitch Ratings said in a new report Tuesday. “Progress on the target has been minimal – 6 per cent share in 2021 – as natural gas growth has not managed to outpace total energy growth,” it said.