Gas companies: No need to ban natural gas in states where gas is cheaper

Gas companies have said they have no intention of imposing restrictions on the use of natural gas by consumers, despite the government’s move to ban the fuel in states with a history of gas-related pollution.

The state-run Indian Oil Corp (IOC) said on Thursday that the company would continue to invest in new projects to expand its natural gas supply, and would provide an update on its projects in March, the state-owned news agency ANI reported.

IOC also said it had no plans to curtail its existing projects or to impose restrictions on gas-fired electricity generation in states such as Punjab and Odisha.

The Indian Oil Corporation (Ioc) said it would continue its investments in new project to expand natural gas supplies.IOC has invested in at least 2,000 megawatts of new capacity to supply gas to Indian households and businesses, according to an IOC statement, but it had already invested in 5,000 MW of capacity.