NEW DELHI: India will see a massive USD 66 billion investment in the building of gas infrastructure as the government pushes for greater use of the cleaner fuel with a view to cutting down carbon emissions, Oil Minister Dharmendra Pradhan said on Wednesday.
The government is targeting raising the share of natural gas in its energy basket to 15 per cent by 2030 from the current 6.3 per cent.
This will entail gas consumption rising manifolds from current 160-170 million standard cubic meters per day.
To cater to this, liquefied natural gas (LNG) import capacity is being raised, new pipelines laid to transport the fuel, and city gas infrastructure expanded to take the fuel to users, he said at KPMG India’s annual energy conclave ENRich 2020 here.
