'Govt to reduce hydrocarbon imports by 10% by 2022'
India aims to reduce its hydrocarbon energy imports by 10% by 2022 through increasing domestic output, fuel efficiency, and the use of alternative energy, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said on Friday. There will be no cess or duties on new exploration projects, he added. India currently imports 70-75% of its energy requirements. 