https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/10-billion-clean-air-drive-set-to-boost-indian-pipe-makers/articleshow/66212180.cms
Steel pipe makers are set to become beneficiaries of India’s $10 billion push to expand its natural gas network to more of its urban masses and cut pollution.
India has just completed its biggest city gas distribution auction that would extend coverage to more than half of its 1.3 billion people across a third of the nation’s area. This project aims to see 10 million homes linked to gas grids by 2020 and bring relief to smog filled cities.
“There will be a lot of requirement for steel pipelines coming in from next year,” said E.S. Ranganathan, managing director of Indraprastha Gas LtdNSE -0.11 %., which supplies gas for homes and transport in New Delhi and its suburbs. This will require about 12,500 kilometers of pipes within the next three to four years, he said.
India is seeking to double the share of natural gas in the country’s energy mix to 15 percent by 2030, while slashing emissions by a third. The country, which t ..
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