Latest news with #ChintanResearchFoundation
Hans India
24-07-2025
- Business
- Hans India
India's energy transition gathers pace with focus on natural gas: CRF President
New Delhi: India is moving ahead with a strong and ambitious plan to reshape its energy future, with natural gas playing a key role in this journey, Shishir Priyadarshi, President, Chintan Research Foundation (CRF), said on Thursday. Speaking at an event organised by the CRF, Priyadarshi said that India aims to increase the share of gas in its energy mix from the current 7 per cent to 15 per cent by 2030. "The Government has formulated a very ambitious gas policy, the objective of which is to ensure that by 2030, gas contributes approximately 15 per cent to India's energy mix,' he stated. Calling this policy 'ambitious but essential,' Priyadarshi said natural gas will serve as a crucial bridge as India transitions from fossil fuels to cleaner, non-fossil energy sources. He noted that the country is currently at a significant turning point in its energy journey. 'India today stands at a very crucial inflection point. On one hand, we are aiming to become a developed nation by 2047 -- Viksit Bharat is not just a dream, but a national goal. On the other hand, we are equally committed to achieving net-zero carbon emissions by 2070,' he said. He added that the idea for this event was conceived nearly two months ago to underline the growing importance of gas in India's clean energy roadmap. 'Its main objective is to highlight the fact that gas will be a very important component -- and a crucial bridge -- in India's transition from fossil to non-fossil fuels," he added. 'This event aims to highlight the importance of gas as a reliable and vital part of India's energy future,' Priyadarshi stated. With the government's continued push for cleaner fuels and sustainable growth, experts believe that natural gas will play a critical role in balancing energy needs and environmental responsibility.
Time of India
24-07-2025
- Business
- Time of India
Natural gas consumption in India likely to reach 103 bcm per year by 2030: Top govt official
New Delhi: Overall natural gas consumption in India is estimated to reach 103 billion cubic meters (bcm) per year by 2030, representing a near 60 per cent increase from current levels, a top government official said here on Thursday. In his address at an event, organised by the Chintan Research Foundation (CRF), Praveen Mal Khanooja, Additional Secretary, Ministry of Petroleum and Natural Gas, said that under the accelerated policy support (faster CGD rollout, LNG adoption in transport, higher gas-fired power plant utilisation), demand could rise to 120 bcm per year by 2030, approaching South America's current consumption. India has committed to achieving net-zero emissions by 2070. A crucial component of this transition is the strategic use of gas as a bridge fuel, enabling a phased shift from carbon-heavy fuels like coal to a low-carbon future. "With relatively lower carbon and particulate emissions, gas has been recognised and used globally as a fossil fuel that can securely bridge the energy transition. Although green hydrogen, compressed biogas and coal-bed methane are emerging, India remains largely dependent on regasified LNG as the primary means to grow the share of gas in her energy mix," Khanooja told the gathering. The share of gas in India's primary energy mix is 6.8 per cent -- well below the 15 per cent target set for 2030. Recent analysis, including from the IEA's 'India Gas Market Report', suggests that under business-as-usual conditions, India may only achieve an 8-9 per cent share by 2030. To significantly expand the gas consumption and mark even a 10 per cent share in the energy mix, India must address critical challenges. The Ministry of Petroleum and Natural Gas released an updated demand forecast for the 'India Gas Vision' programme, showing rapid growth across key sectors fuelled by infrastructure scale-up and policy reforms. Suresh P. Manglani, Executive Director and Chief Executive Officer of Adani Total Gas Limited (ATGL), said that they are closely observing what China is doing. "If you visit there, you can clearly see how aggressively China is promoting LNG for transportation - especially for trucks and long-haul freight movement. If India is serious about moving away from high-speed diesel (HSD), we need to consider similar strategies. Even if we assume an incremental demand of 70 to 200 million cubic meters of LNG, and distribute around 300 LNG stations across 30 to 35 logistics hubs, it will still only cover the conventional demand segment," Manglani highlighted. "But we must look beyond that. We should actively encourage entrepreneurship focused on non-conventional uses of natural gas - whether in industrial clusters, remote regions, or emerging sectors. We already have several such opportunities spread across the country," he emphasised. The implementation of GST has already helped India become a single, unified market. "Now we must build on that momentum to streamline transportation, enhance logistics efficiency, and create a more business-friendly ecosystem that ultimately benefits both the economy and the end consumer," said Manglani. Rajesh Kumar Mediratta, Managing Director and CEO of Indian Gas Exchange (IGX), said that we must aim to build our own robust and self-sustaining gas market. "India has the potential to become one of the largest demand centres in Asia - comparable to, or even exceeding, countries like Japan and South Korea. With this scale of demand, we should be in a position to negotiate global contracts more confidently, on our own terms, rather than relying heavily on intermediaries or spot markets," he stressed. --IANS na/vd
Hans India
24-07-2025
- Business
- Hans India
Natural gas consumption in India likely to reach 103 bcm per year by 2030: Top govt official
New Delhi: Overall natural gas consumption in India is estimated to reach 103 billion cubic meters (bcm) per year by 2030, representing a near 60 per cent increase from current levels, a top government official said here on Thursday. In his address at an event, organised by the Chintan Research Foundation (CRF), Praveen Mal Khanooja, Additional Secretary, Ministry of Petroleum and Natural Gas, said that under the accelerated policy support (faster CGD rollout, LNG adoption in transport, higher gas-fired power plant utilisation), demand could rise to 120 bcm per year by 2030, approaching South America's current consumption. India has committed to achieving net-zero emissions by 2070. A crucial component of this transition is the strategic use of gas as a bridge fuel, enabling a phased shift from carbon-heavy fuels like coal to a low-carbon future. "With relatively lower carbon and particulate emissions, gas has been recognised and used globally as a fossil fuel that can securely bridge the energy transition. Although green hydrogen, compressed biogas and coal-bed methane are emerging, India remains largely dependent on regasified LNG as the primary means to grow the share of gas in her energy mix," Khanooja told the gathering. The share of gas in India's primary energy mix is 6.8 per cent -- well below the 15 per cent target set for 2030. Recent analysis, including from the IEA's 'India Gas Market Report', suggests that under business-as-usual conditions, India may only achieve an 8-9 per cent share by 2030. To significantly expand the gas consumption and mark even a 10 per cent share in the energy mix, India must address critical challenges. The Ministry of Petroleum and Natural Gas released an updated demand forecast for the 'India Gas Vision' programme, showing rapid growth across key sectors fuelled by infrastructure scale-up and policy reforms. Suresh P. Manglani, Executive Director and Chief Executive Officer of Adani Total Gas Limited (ATGL), said that they are closely observing what China is doing. "If you visit there, you can clearly see how aggressively China is promoting LNG for transportation — especially for trucks and long-haul freight movement. If India is serious about moving away from high-speed diesel (HSD), we need to consider similar strategies. Even if we assume an incremental demand of 70 to 200 million cubic meters of LNG, and distribute around 300 LNG stations across 30 to 35 logistics hubs, it will still only cover the conventional demand segment," Manglani highlighted. "But we must look beyond that. We should actively encourage entrepreneurship focused on non-conventional uses of natural gas — whether in industrial clusters, remote regions, or emerging sectors. We already have several such opportunities spread across the country," he emphasised. The implementation of GST has already helped India become a single, unified market. "Now we must build on that momentum to streamline transportation, enhance logistics efficiency, and create a more business-friendly ecosystem that ultimately benefits both the economy and the end consumer," said Manglani. Rajesh Kumar Mediratta, Managing Director and CEO of Indian Gas Exchange(IGX), said that we must aim to build our own robust and self-sustaining gas market. "India has the potential to become one of the largest demand centres in Asia — comparable to, or even exceeding, countries like Japan and South Korea. With this scale of demand, we should be in a position to negotiate global contracts more confidently, on our own terms, rather than relying heavily on intermediaries or spot markets," he stressed.
Time of India
20-06-2025
- Business
- Time of India
People centric development must extend beyond New Delhi: CRF
People centric development must extend beyond Delhi as India is not one city, or one region—the different regions have different demands and voices, which must be heard and addressed, was a key suggestion put forward by the Chintan Research Foundation ( CRF ). The suggestion was put forward by Pranav Adani , Director of Adani Enterprises , on Thursday as Chintan Research Foundation (CRF), an independent think tank supported by Adani Group celebrated its first Foundation Day in New Delhi. The event witnessed an overwhelming presence of ambassadors, bureaucrats, journalists, fellow think tanks, industry leaders, and other key stakeholders to share the idea of the multi-faceted role that think tanks play in India. Speaking at the event, Pranav Adani voiced the crucial role that think tanks play being part of the development aspirations of India's journey and how CRF contributes to this with the mantra of 'growth with goodness'. He stated, "Policy is not abstract. It is personal. And, the growth must be measured not just in numbers, but in the lives that we touch, the lives we help improve. And this is CRF's mission — to drive change and contribute to India's rise in a way that uplifts every section of society and helps shape a Viksit Bharat .' Talking about India's transformation and Viksit Bharat, Amitabh Kant, India's former G20 Sherpa and CEO, NITI Aayog, echoed that CRF will be part of this transformation and appreciated the research work that CRF has done and continues to do so. To realize this vision, he emphasised the need of think tanks to provide constructive feedback to the government. He stated, 'India-based think tanks must aim to build an ecosystem of intellectual collaboration, where systemic thinking, evidence-based policy, creative problem-solving, and constructive criticism becomes the norm across sectors.' Only by continually asking where we stand and where we must act, India can effectively chart the future. This reflective inquiry has become a mission for CRF. Shishir Priyadarshi, President CRF highlighted a powerful conviction in the celebration, 'Think tanks must be more than silent observers and should create a space for a better, more inclusive, and more sustainable world where every voice resonates and drives action to lead a meaningful change for people-centric development.' For this he emphasised that think tanks must ask the tough questions-to the policymakers, to the government, and to the civil society. CRF has been doing extensive research on critical issues faced by the citizens including climate change, energy transition, economy, trade, investment, geopolitics, and strategic affairs. Here the uniqueness of CRF also lies in its approach as it integrates policy insights with industry realities while fostering connections between the government, industry, and citizens. Additionally, the speakers highlighted the significance of think tanks in reimagining India's role in shaping the future, particularly in relation to the Global South. For this, it is crucial for India tounderstand the reality, and focus on key areas - climate change, equitable energy transition, the global economy, critical supply chains, trade, and the overarching geopolitics through evidence-based research. Speakers and participants agreed that think tanks across India need to collaborate and prioritize objectivity, sustainability, and people-centric, data-driven solutions to address pressing policy challenges. CRF, as one of these entities, is committed to elevate ideas and empower people, and is poised to chart its role in India and the Global South.
India Today
20-06-2025
- Business
- India Today
India's growth lies in its heartland: Adani Enterprises Director Pranav Adani
India's growth story will be incomplete unless the country's heartland is brought into the economic mainstream, said Adani Enterprises Director Pranav Adani while speaking on the first foundation day of the Chintan Research Foundation."India is not only Delhi or the capital cities, but India lives in the heartland, that is why I said in my speech that whether it is Ranchi, Raipur, Bhubaneswar or the Northeast, what really matters is that this is where the real India lives, and this is where we want them to come into our focus, into our central economy," Adani told highlighted the importance of inclusive development, calling India's 1.4 billion citizens the country's greatest asset. "India is in a very great situation right now. The 1.4 billion people that we have are our real asset... 50% of the economy is engaged in the growth of the GDP, and the other 50% is passive. Now that has to really come into focus and I think that's when the real Indian growth story will happen and I'm very optimistic. We as a group are very optimistic," Adani added. The remarks came as part of a broader statement of intent from the newly launched Chintan Research Foundation, which Adani said would focus on three critical areas: climate change, trade, and geopolitics."I feel that a research foundation has a lot of responsibilities. Like I said in my speech, the Chintan Research Foundation will focus on three things -- climate change, trade and geopolitics," he foundation is expected to serve as a think tank and strategic platform aligned with India's developmental priorities. With energy transitions, global trade dynamics, and geopolitical realignments reshaping the economic landscape, Adani's emphasis on a focused research agenda comes at a pivotal call to action for India's heartland reflects a growing belief among business leaders: that India's long-term growth will depend not just on its metros, but on unlocking the potential of its smaller cities and rural belts."This is where the real India lives," Adani said. "And this is where we want them to come into our focus, into our central economy."
