Summary
A few years ago, the Indian government announced its ambition to almost triple the share of natural gas in its energy mix to 15 percent by 2030. India’s share of gas stands at just over 6 percent, low compared to the global average, and only aggressive growth in gas can bring India closer to its target. Many countries view natural gas as a ‘bridge’ fuel in the gradual transition to a low-carbon economy. However, for India, there are several aspects to consider when it comes to the feasibility of natural gas as a transition fuel, both from an economic and decarbonisation perspective.
At a recent seminar organised by the Centre for Social and Economic Progress o......