Business Standard

India's gas target of 15% was only aspirational. Time to give it up?

While several bankers and analysts have projected the difficulty of reaching this number, it is important to figure out where the target of 15 per cent came from

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Subhomoy Bhattacharjee New Delhi
At which point did India decide natural gas would provide 15 per cent of the country’s energy mix? Also, what was the basis for arriving at this number which is now routinely used by the ministry of petroleum and natural gas?

The target has become hard-wired in the policy documents. For instance, in July this year, the ministry of petroleum and natural gas told Parliament in reply to a question that “the government has set a target to raise the share of natural gas in the energy mix to 15 per cent by 2030 from about 6.3 per cent now”. 

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