India’s gas targets would need $10 bn investments: Crisil

India’s gas targets would need $10 bn investments: Crisil

The government’s plan to more than double the share of natural gas in India’s energy mix to 15 per cent would necessitate investments of at least Rs 65,000 crore just to augment gas import and pipeline infrastructure, a report said.

Crisil Research said if the share of gas in India’s energy mix has to rise to 10 per cent by 2020, it would mean a doubling of gas consumption to over 100 billion cubic meter (BCM) from current levels. Read More…

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