HDFC Bank33 min ago
India plans to more than double its liquefied natural gas (LNG) import capacity to 50 million tonnes (MT) in the next one year, Oil Minister Dharmendra Pradhan told a news conference on Thursday.
It has a capacity to import 21 million tonnes (MT) of the super-cooled fuel at present.
As the nation moves to a gas-based economy, India wants to increase the share of natural gas in its energy mix to 15% in the next three-to-four years from 6.5% at present, Pradhan said.