Amid Iran War, Centre Urged To Roll Out India's 1st LPG Efficiency Policy
Pune Gas has urged the Indian government to implement a national LPG Efficiency Policy to combat rising fuel costs and supply chain disruptions caused by Middle East geopolitical tensions. The proposal suggests standardizing infrastructure and promoting larger 47.5-kg cylinders to reduce wastage and improve industrial safety.
Why it matters
Improving energy efficiency is critical for India's industrial sector to maintain operational stability and cost-effectiveness amidst volatile global energy markets.
Iran War Impact: As geopolitical tensions in the Middle East continue to push up global energy prices and disrupt fuel supply chains, an Indian energy company has urged the Centre to roll out a policy on how efficiently LPG (Liquefied Petroleum Gas) is consumed.Pune Gas has submitted a representation to the Ministry of Petroleum and Natural Gas, seeking what it describes as India's first LPG Efficiency Policy Framework. The proposal comes at a time when the ongoing conflict in Iran has added to uncertainty in global LPG markets, driving up commercial LPG prices and increasing costs for businesses dependent on the fuel.According to the company, commercial LPG cylinder prices have climbed to around Rs 3,100, compared with about Rs 1,884 earlier this year amid supply constraints.
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