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Using natural gas for heating, cooking and electricity generation is not economical as more and more locally produced natural gas will be converted into LNG for use in the transport sector to reduce crude oil imports. [40] [41] Conversion of old diesel fueled heavy duty vehicles into LNG vehicles would restore original performance economically.
The Strategic Opportunities Fund made its next investment in May 2022 in Ather Energy, an electric two-wheeler company. This was its first direct investment in the manufacturing sector and in electric mobility, both areas of national importance given India's green mission and decarbonisation goals. [60]
Investment needed: ₹ 111 lakh crore (equivalent to ₹ 130 trillion or US$1.5 trillion in 2023) over the next five years (2020-2025) to build infrastructure projects and drive economic growth. Energy, roads, railways and urban projects are estimated to account for the bulk of projects (around 70%).
Underground product gas is an alternative to natural gas and potentially offers cost savings by eliminating mining, transport, and solid waste. The expected cost savings could increase given higher coal prices driven by emissions trading , taxes, and other emissions reduction policies, e.g. the Australian Government's proposed Carbon Pollution ...
A sovereign wealth fund (SWF), or sovereign investment fund, is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds. Sovereign wealth funds invest globally.
The Oil and Natural Gas Corporation Limited (ONGC) is an Indian central public sector undertaking which is the largest government-owned oil and gas explorer and producer in the country. It accounts for around 70 percent of India's domestic production of crude oil and around 84 percent of natural gas .
Attracting investment to the global natural gas market. Fair price for natural gas considering its energy efficiency and environmental benefits. As the outcome of the 5th Gas Exporting Countries Forum in Malabo The Declaration of Malabo was published. It stressed the importance of the role of natural gas for African countries.
A sovereign wealth fund and a public wealth fund differ in scope, purpose and objective. A sovereign wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds.
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