Indian government to invest $60 bn in gas economy

In June, the government launched the first automated national-level gas trading platform to promote and sustain an efficient and robust gas market and now it plans to invest $60 billion for creating gas infrastructure in the country till 2024, announced Petroleum Minister Dharmendra Pradhan. This investment will help in raising gas shares by 15% by 2030.

Vedanta Group COO Sunil Duggal stated that this will add Rs 1 Lakh crore in central government’s kitty. Vedanta itself contributing 15% in domestic crude oil production which will increase by 50% by 2030.

 

 

 

 

 

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