National Action Plan on Climate Change
Gas is the cleanest of fossil fuels and also more efficient and cheaper to use. Yet, in India, there has been no policy focus on this fuel, leading to a huge mess in critical sectors. Investments of Rs 35,000 crore made in the power sector will remain stranded unless projects get assured gas supplies in coming months. Similarly, funds sunk in the fertiliser sector, too, face a bleak outlook. Much of the problem stems from the sudden, controversial stoppage of supplies from Reliance Industries’ D6 fields, the largest producer of gas. Added to this is the country’ s singular inability to tie up long-term supplies from gas-rich countries.
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