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The Gas Revolution

Fortune India

|

November 2022

India is investing $40 billion in gas pipelines, lng terminals and exploration & production to meet net-zero emission goal by 2070.

- P. B. Jayakumar 

The Gas Revolution

THOUSANDS OF workers of IHB Ltd. and its sub-contractors are toiling across swathes of west and north India to lay the 2,805 kilometre km) Kandla-Gorakhpur liquefied petroleum gas LPG) pipeline crossing Gujarat, Madhya Pradesh and Uttar Pradesh. IHB is a joint venture of Indian Oil OC), Bharat Petroleum Corporation BPCL) and Hindustan Petroleum Corporation HPCL). The 210,088 crore line, which will get LPG from import terminals at Kandla, Dahej and Pipavav, and refineries at Koyali Vadodara) and Bina, is expected to be commissioned by next year. The pipeline, the longest in India, will play a vital role in India’s ambition to revolutionise its energy consumption basket by betting on gas, reducing dependence on coal.

Natural gas, 50-60% less polluting than coal, will work as the transition fuel that can get India to its ambitious goal of net-zero emissions by 2070, when the nation aspires to be fully powered by renewable energy.

By February 2026, India will invest 3 lakh crore, or 4.0 billion, to expand gas infrastructure—pipelines, port-based LNG liquefied natural gas) regasification terminals, city gas distribution CGD) networks and gas exploration projects.

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