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CGD, fertilisers to drive demand for domestic natural gas: CRISIL

The growth is in line with the government's target to increase the share of natural gas in its energy mix to 15 per cent by 2030 as part of its environmental commitments

fertiliser business, fertilisers, fertiliser biz
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CRISIL Research
The city gas distribution (CGD) and fertilisers sectors will continue to helm demand for domestic natural gas in India and lift its consumption by 3.5-4.5 per cent in fiscal year 2023. The CGD demand will grow 12-13 per cent and that of fertilisers by 8-9 per cent. Together, these two sectors account for 55 per cent of the total gas consumption in the country.
 
The growth is in line with the government’s target to increase the share of natural gas in its energy mix to 15 per cent by 2030 as part of its environmental commitments, from 6.5 per cent

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First Published: Dec 30 2022 | 8:10 PM IST

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