India's energy sector tackles carbon emissions by investing $60 billion in national gas grid

One of the world’s largest consumers of oil and coal, India, is investing tens of billions of dollars to build a national gas grid and the necessary import terminals by 2024, in a bid to cut its carbon emissions.

The country has been struggling to boost its use of natural gas (which produces less greenhouse gas emissions than coal or oil) because many industries and towns are not linked to its gas pipeline network.

According to the country’s oil minister Dharmendra Pradhan, companies are investing $60 billion in the network and building new gas import facilities to link all states by mid-2024. “I am not talking about potential investment. This number relates to the projects that are under execution,” said Pradhan.

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