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CGD gas consumption to grow at 10% CAGR till FY30
- Natural gas volumes in the CGD sector are expected to grow at a 10% CAGR over FY25-30.
- CNG is expected to dominate the CGD consumption mix, supported by the growth in CNG-powered vehicles.
- Piped natural gas (PNG-D) penetration has significant potential, with a low market share compared to LPG.
- The CGD sector's dependence on costly LNG imports is expected to increase to around 55% by FY30
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