India has set targets for the country’s energy mix by 2025, with the use of gas planned to increase to 20% compared with 11% in 2020, according to the Petroleum and Natural Gas Regulatory Board (PNGRB) in its Vision 2030 document.
However, current high tariffs for gas-fired power may prevent these targets from being reached. Gas demand is forecast to grow significantly, the PNGRB stated, but gas-fired power projects represented only 8% of India’s installed generation capacity at the end of February....
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