Recently, PM Narendra Modi, while inaugurating the Kochi-Mangaluru Natural Gas Pipeline, said the Centre is planning to invest crores in the oil and gas sector in this decade.
He said that the pipeline will be a major driver of development in both Kerala and Karnataka, and added that the nation is focusing on building a gas-based economy. He even said that the concept of ‘One Nation, One Gas Grid’ is crucial for an 'Atmanirbhar Bharat'. Though the concept is not new -- the first inter-state project was commissioned in 1987 -- the Centre's renewed interest to push CNG is significant.
BusinessLine's M Ramesh explains. Listen in.
Follow The Hindu BusinessLine on Spotify
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.