Gas-based Economy
Prime Minister Narendra Modi recently said that the country will be shifting to a gas-based economy in a few years. His remarks came while laying the foundation for the ninth bidding for city gas distribution (CGD) projects, under the Petroleum and Natural Gas Regulatory Board (PNGRB), covering 129 districts and 65 geographical areas (GAs). The PM also launched tenth CGD bidding round in 50 GAs spread over 124 districts in 14 States.
- Natural gas, predominantly methane, is a cheap and environment-friendly fuel and currently the country consumes around 45 million tonnes of oil equivalent (mtoe) of natural gas, which comes to ....