India's natural gas demand to surge 4x by FY40, yet infrastructure constraints may hinder clean energy transition: Report
New Delhi, May 21 -- India's clean energy transition could face a major bottleneck as natural gas demand is expected to rise nearly four times by FY40, even as the country continues to face structural constraints in gas supply infrastructure, according to an infrastructure sector trends report by Equirus.
The report said India's natural gas demand is projected to rise from 131 million metric standard cubic metres per day (mmscmd) in FY16 to 496 mmscmd by FY40, driven by the country's transition toward cleaner sources of energy.
However, Equirus said the challenge is not just increasing demand, but the limited ability of the gas supply chain to respond quickly.
"Gas demand is set to ~4x--intensifying pressure on constrained supply and i...
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