India is reliant on coal but is slowly shifting to gas and renewables
India makes progress on gas transition
Falling gas prices could help India to reduce its reliance on coal, while it gradually roll outs 450GW of renewables by 2030
The increasing availability of LNG cargoes and import infrastructure is encouraging the Indian government to pivot from coal to gas as a baseload fuel, according to experts, as it transitions to a lower-carbon economy over the next few years. Qatargas this week delivered its first LNG cargo to India’s Ennore receiving terminal. India will commission a further terminal at Jaigarh in Maharashtra later this year, while working on a number of other policies to improve the share of gas in the energy mix. The 6pc share of natural gas in India’s energy mix is among the lowest in the world. Last year, Prime Minister Narendra Modi said he wanted to quadruple the figure to 24pc by 2025. This will invo
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
