Why Eai Image

EAI - Helping Corporate Leaders Accelerate India's Decarbonization Journey

Watch More Videos
Reliance KG-D6 Gas Fields Finds To Save Billions for India | India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
Select Page

In a recent announcement, Morgan Stanley said the that recent natural gas finds by Reliance Industries in the KG-D6 gas fields and the expected subsequent production could save India about $8.3 billion a year (about 0.7% of GDP).

This estimation assumes 80 million cubic meters per day of gas supplies. RIL is currently doing about 31 mmcmd. The peak output, it is estimated, could replace close to 26 million tonnes of crude oil – as much as ONGC produces domestically! ( 1 cu.m of natural gas equals approximately 1 Kg of crude oil).

RIL started gas production from KG-D6 fields in April 2009 and has signed contracts with 15 fertilizer plants to sell about 15 mmcmd of gas, in addition to contracts with 19 power plants (25 mmcmd) and steel plants (3.3 mmcmd).



About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

narsi-img

Copyright © 2024 EAI. All rights reserved.