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Govt to raise share of natural gas in energy mix to 15% by 2030 – EQ Mag Pro

Govt to raise share of natural gas in energy mix to 15% by 2030 – EQ Mag Pro

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At present, the share of natural gas in the primary energy mix has increased from 6.3% to 6.7% from 2020 to 2021.

New Delhi: The Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli in a written reply to a question in the Lok Sabha today informed that the Government has set a target to raise the share of natural gas in the energy mix to 15% by 2030. At present, the share of natural gas in the primary energy mix has increased from 6.3% to 6.7% from 2020 to 2021.

Petroleum & Natural Gas Regulatory Board (PNGRB) grants authorization to the entities for the development of City Gas Distribution (CGD) network in Geographical Areas (GAs) as per PNGRB Act, 2006 and Regulation framed thereunder.

The establishment of CNG stations and providing PNG connections are part of the development of the CGD network and the same is done by the authorized CGD entities in their authorized GAs as per the Minimum Work Plan (MWP). PNGRB also authorizes entities for laying of pipeline infrastructure for development of CGD network.

Investment for the development of CGD network and natural gas pipeline infrastructure is done by the authorized entities, both private and public as per the techno commercial requirements. The authorized entities have done an investment for approximately Rs.14,556 crore this year. Further, PNGRB has received bids for 61 GAs in the 11th round which entail an investment of more than Rs.80,000 crore.

As part of an initiative to make natural gas available to more and more consumers, the government has approved a partial capital grant of Rs. 5176 crore for the Jagdishpur-Haldia-Bokaro-Dhamra Pipeline (JHBDPL) project and Rs.5559 crore for North East Gas Grid. Till now Rs.4549.204 crore has been utilized in the JHBDPL project and Rs.1030 crore has been utilized in North East Gas Grid.

Source: psuconnect
Anand Gupta Editor - EQ Int'l Media Network