Narendra Modi govt makes big push for gas usage, MD B C Tripathi says ‘GAIL has big role to play’ in powering plan

Narendra Modi govt makes big push for gas usage, MD B C Tripathi says ‘GAIL has big role to play’ in powering plan

There is a push from the government to increase the use of gas in the country to raise its share in the energy basket from the current 6.5% to 15%, and GAIL (India) will have a big role to play to achieve the goal. In an interview with Saurabh Kumar, GAIL’s chairman and managing director B C Tripathi talks about the company’s plan to spread its pipeline network across the country to increase consumption and move towards cleaner energy.

In the gas sector, the first important thing that happened was the reduction in customs duty, given almost 40-45% gas is imported. This may be seen as moving towards zero duty, which could be announced in the next Budget or maybe when GST comes. Second is the government’s support for developing pipelines in east India under the Pradhan Mantri Urja Ganga project which will help expand the reach of gas in the country in the five states and also help to reach out to the North-East when we plan to connect it there. Third, of course, is the merger of oil companies to create a large entity. Read More…

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