Gas has no guarantee of major Indian generation role
ExxonMobil study sees significant variation in penetration of gas-fired power in 2040
The share of gas in India’s generation mix in the April 2017-March 2018 fiscal year was just 4pc, according to the country’s Central Electricity Authority (CEA), down from a peak of 12pc in FY2009-10. This leaves substantial potential for gas-for-power demand to grow, even if—as Dimitri Papageorgiou, research associate at ExxonMobil, told Petroleum Economist’s LNG to Power APAC virtual forum in late October—the CEA sees coal declining from its more than 70pc historical share (see Fig. 1) but still retaining a 50pc+ slice of generation requirements. For one thing, Indian power demand is projected to increase two-and-a-half times from 2017 to 2040, according to the IEA’s New Policies scenario.
Also in this section
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
