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India plots dramatic gas surge to 15% of energy mix in fossil fuel pivot by 2030

19Apr

By Newscript News NetworkNo Comments

India plots dramatic gas surge to 15% of energy mix in fossil fuel pivot by 2030

New Delhi has announced ambitious plans to increase natural gas’s contribution to India’s energy mix from current levels of approximately 6.5 per cent to 15 per cent by 2030, according to petroleum ministry officials. The target forms a cornerstone of India’s strategy to reduce coal dependence whilst maintaining energy security during the transition to renewable sources. The government’s natural gas promotion strategy encompasses expanding pipeline infrastructure, encouraging industrial fuel switching, and developing city gas distribution networks across urban centres. Current gas infrastructure constraints have limited adoption despite price competitiveness compared to liquid fuels in transportation and industrial applications. Petroleum ministry data indicates that achieving the 15...

Coal India powers up ₹25,000cr renewable empire

Executive Summary Coal India commits ₹25,000 crore ($3bn) to develop 4.5GW renewable capacity Partnership with AM Green for renewable ammonia production facilities Targeting 2,500-3,000 MW solar and 1,500-2,000 MW wind projects Strategy aims to future-proof 229,000-strong workforce MoU signed 7 May 2025, marking radical departure from fossil fuels At a windswept site in Rajasthan’s Thar desert, where Coal India once prospected for lignite deposits, engineers now measure wind speeds and solar irradiation levels. The scene captures the magnitude of change at the world’s largest coal producer. Coal India Limited has committed ₹25,000 crore ($3bn) to develop 4.5GW of renewable capacity, marking the state-owned miner’s most radical departure from its fossil...

GST Hike Squeezes Oil Explorers as Tax Burden Climbs to 18%

Executive note India’s oil exploration sector faces a punishing fiscal blow after the GST Council’s decision to raise service taxes from 12% to 18%. The September 2025 hike will saddle upstream companies with billions in additional costs, squeezing ONGC, Oil India, Vedanta and Reliance at a time when commodity price volatility and currency pressures already challenge project economics across the energy sector. India’s upstream oil and gas industry has absorbed a significant fiscal shock following the Goods and Services Tax (GST) Council’s decision to increase rates on exploration and production services. The tax rate climbs to 18% from 12%, effective September 22, 2025, covering petroleum exploration, mining, drilling, and related support activities across the sector. Indu...