$6 Billion in Benefits: How GOBARdhan Could Reshape India’s Gas Math

The largest economic payback will arise from reduced natural gas imports. India imports a significant amount (~50%) of its natural gas requirements, which exposes the Indian economy to volatile international prices and geopolitical risks. As an example, in FY 2024 -25, LNG import bill accounted for USD 15.2 billion (approximately ₹1.28 lakh crore, assuming average exchange rate of ₹84/USD), and though the FY25 – 26 data is not yet published, it is surely a sharp jump over previous year, owing to the prolonged West Asia crisis and plummeting INR against USD. Even with a conservative estimate of 1500 fully functional CBG plants in the forthcoming years, the trade deficit on account of Natural Gas import shall be at least be diminished by one-third of its current level, i.e. ~ USD 5 billion (approximately ₹40 lakh crore).

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