India signs 20-year natural gas deal with Qatar
Under the new agreement, LNG supplies will be made on delivered (DES) basis commencing from 2028 till 2048.
Under the new agreement, LNG supplies will be made on delivered (DES) basis commencing from 2028 till 2048.
India envisions achieving 100 million metric tonnes of coal gasification by 2030, with investments exceeding ₹4 trillion.
India's initiative to indigenise chemicals is meant to emerge as an alternative to China in global markets.
In the fiscal year 2022-23, GAIL makes capital expenditure worth ₹10,000 crore, while it incurs capex of ₹2,391 cr in Q1
Consensus is yet to fully appreciate the upside to realised tariffs from tariff integration, as well as the scope of India's improving gas demand and GAIL's pipeline expansion, says UBS.
India is spending an astounding ₹3 lakh crore in nationwide pipelines, LNG terminals, city gas distribution and exploration to wean the nation away from coal to gas.
Following this, the stock of GAIL tumbled as much as 3.2% to hit an intra-day low of ₹88.
Petronet LNG envisions being a key energy provider to the nation by leveraging the company’s unique position in the LNG value chain along with an international presence.
With the government pushing for clean energy when domestic gas production is falling, and renewables yet to take off, importing it could be the only option.
The government appears to be profiteering from its CNG push rather than promoting it as a clean and efficient fuel. A change is badly needed.