In 2023, India's natural gas demand jumped to 64 billion cubic meters, a 5% increase from the previous year," says ES Ranganathan. This rise highlights the growing role of natural gas in India's energy mix, driven by the country's expanding economy and the push for cleaner energy sources. The petrochemical industry has been a key player in this demand, using natural gas for various chemical processes. "The power generation sector is also relying more on natural gas as a cleaner alternative to coal, which helps reduce carbon emissions and improve air quality," adds ES Ranganathan.
This increase in natural gas demand shows the need for a strong and forward-thinking energy policy in India. To keep up with this growth and meet future needs, significant investments are needed in infrastructure like pipelines, storage facilities, and distribution networks. "A clear policy will also promote domestic production, reducing the need for imports and improving energy security. Additionally, aligning energy policies with environmental goals is essential to ensure that the growth in natural gas use does not compromise India's commitment to reducing greenhouse gas emissions," says Ranganathan.
The rise in natural gas demand offers many opportunities for India's economy and energy sector. More natural gas use can boost economic activity, create jobs, and enhance energy security. Moreover, natural gas is a crucial bridge fuel in the transition to renewable energy, providing a cleaner option than coal and oil.
Read More
|
|
Advertisements
|
|
|
It is ok to contact this poster with commercial interests.
113 Visits
Ad Detail: ES Ranganathan Highlights Role of Petrochemical, Power, and Industrial Sectors
You are viewing "ES Ranganathan Highlights Role of Petrochemical, Power, and Industrial Sectors" classified Ad. This free Ad is placed in Delhi Other category.
|
| Similar Ads |
|
|
Deal locally to avoid scams and frauds!
Avoid sending money to unknown persons. Muamat.com is not involved in any transaction between members and take no responsibility of any kind of loss or damage.
BACK
|
|
