A finance ministry task force to raise the share of natural gas in fuel consumption to 15 per cent from 6 per cent has suggested a number of measures such as the splitting GAIL India Limited and bringing natural gas under the GST.
The task force also wants a market-linked price discovery mechanism through a gas exchange and a gas transport system operator.
“To move towards gas economy by increasing the share of natural gas to 15 per cent in primary energy mix, India needs to focus on development of requisite gas infrastructure …..so as to improve the availability and accessibility of natural gas to public at large,” the task force said.