India is consuming LPG like never before! What’s driving this phenomenon?


India is consuming LPG like never before! What’s driving this phenomenon?

India is now the second largest consumer of liquefied petroleum gas (LPG) in the world, with LPG consumption in the country posting an average growth of 8.4%. And a lot of the credit goes to the government’s push to provide clean cooking fuel to every household through the Pradhan Mantri Ujjwala Yojana (PMUY).

As on February 1, Oil Marketing Companies (OMCs) had released more than 6.31 crore LPG connections under the scheme.In fact, a record 4.07 crore new LPG connections were added in the current fiscal year alone, a jump of 45% over 2017-18, The Business Standard reported.

Moreover, the three state-owned oil marketing companies – Indian Oil Corporation (IOC), Bharat Petroleum Corporation, and Hindustan Petroleum Corporation (HPCL) – have collectively set a target of adding 42.5 million customers by the end of this month. Read More

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