Crown LNG, PIL Ink Deal for Kakinada Gas Pipeline Link

18 Jul 2025 CW Team

Pipeline Infrastructure Ltd (PIL) and Crown LNG Holdings Ltd have signed a Memorandum of Understanding (MoU) to establish pipeline connectivity between Crown LNG’s proposed 7.2 million tonnes per annum gravity-based LNG terminal in Kakinada, Andhra Pradesh, and PIL’s existing natural gas pipeline network.

The agreement, signed on 10 July by PIL MD Akhil Mehrotra and Crown LNG CEO Swapan Kataria, aims to link the regasification unit (GBSRU) with PIL’s injection point in Kakinada. This connection is expected to facilitate the evacuation of around 25 million standard cubic metres per day of gas to major demand centres across western and northern India.

PIL, a special-purpose vehicle backed by Energy Infrastructure Trust, operates a 1,400-km pipeline from Kakinada to Bharuch, Gujarat, used by companies like Reliance Industries to transport offshore gas. The MoU would enable Crown LNG to transport imported natural gas through this network, enhancing its utilisation and providing an efficient delivery route.

Construction of the terminal is scheduled to begin in 2026, with completion expected within four years. Crown LNG operates in India via its fully owned subsidiary, Krishna Godavari LNG Terminal Pvt Ltd.

Both parties will work jointly to align the pipeline connectivity with the terminal’s development timeline, ensuring synchronised execution and operational readiness.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..