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Energy

Osaka Gas eyes $3bn investment to boost gas sales in India

Environmental concerns expected to stimulate demand for cleaner fuels

With air pollution getting more serious in India, the government is encouraging the sale of vehicles powered by compressed natural gas, as they emit less harmful substances in their exhaust.   © Reuters

OSAKA -- Osaka Gas plans to spend a total of $3 billion to get its business of selling natural gas in India into full gear.

A Singapore-affiliated company, partly owned by the Osaka-based city gas supplier, has recently begun selling gas for automobiles and manufacturing plants in India. It will build infrastructures, such as 150 gas relay stations in the country by 2030, to boost gas sales.

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