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New projections-III: Gas-based generation share to go down over time
Jan 05: Segment-wise gas demand is expected to change significantly between 2017 and 2040
8Refining and domestic gas demand are meant to be lower
8Power generation share will go up, contrary to what is believed.
8Unlike in other countries, the newest projections show coal generation making up a massive 73% of the total power generated in 2040, down only 1% from now
8The share of gas-based power generation will shrink from 5% currently to a mere 3%
8Despite all the hype, the share of renewables will be up only 8% to 14% in India's total power generation by 2040
8The data makes for very interesting reading for the oil & gas sector planner
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