Large investments expected for the oil and gas sector

The Minister for Petroleum & Natural Gas and Steel, Dharmendra Pradhan, has announced that USD 118 billion (INR 8,315,49 crore) will be invested in the oil and gas sector by 2024. That includes USD 60 billion (INR 4,228,21 crore) towards developing natural gas infrastructure. According to The Times of India, this will also support the production of biogas and biomethane from agriculture and organic waste. In 2018, the government defined the target to develop 5,000 compressed biogas plants by 2023.

Picture Credit: Gas flame, public domain