India debuts free LPG scheme

The Indian government over the weekend launched the three-year Pradhan Mantri Ujjwala Yojana programme that will see it distribute free LPG to female headed households below the poverty line.

Approved in March, the government has earmarked some USD 1.3 billion for the programme that was kicked off by Prime Minister Narendra Modi on Sunday. The scheme, which is expected to benefit some 50 million households, will be accompanied by an increase in the number of LPG distributors. In April, Indian Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said some 10,000 new distributors would be appointed before the end of the financial year to reach close to 30,000 nationwide.

Speaking at the launch event attended by TOGY, Prime Minister Modi said electricity is a basic need and that providing electricity would empower the poor and help combat poverty.

Earlier in the year, the Indian government also approved a new pricing formula for undeveloped, difficult-to-reach gas resources, including deepwater discoveries and gas found in high-pressure zones, in an effort incentivise exploration there.

For more news and features on the oil and gas industry in India, click here.

Recent Posts

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

4 hours ago

SLB OneSubsea, Subsea7 sign long-term deal with Equinor

SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More

5 hours ago

Presight AI takes 49% stake in ADNOC energy AI player

Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More

5 hours ago

Wood wins TotalEnergies North Sea flare recovery work

UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More

13 hours ago

Shelf Drilling wins $54-million North Sea contract

Oslo-listed Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with an undisclosed North Sea operator… Read More

2 days ago

This website uses cookies.