India Expects $67 Billion Investment in Gas Sector

08 Feb 2024 CW Team

Prime Minister Narendra Modi has revealed that India is poised to attract investments worth $67 billion in the gas sector over the next 5 to 6 years. This announcement underscores the government's commitment to promoting clean and sustainable energy solutions while driving economic growth and development. India's growing energy demand, coupled with its focus on reducing carbon emissions and enhancing energy security, has created significant opportunities for investment in the gas sector.

As the third-largest consumer of energy globally, India aims to leverage its vast natural gas reserves and strategic location to become a key player in the global gas market. The anticipated investments are expected to fuel the expansion of India's gas infrastructure, including pipelines, liquefied natural gas (LNG) terminals, and distribution networks. Additionally, these investments will support the development of gas-based industries, such as petrochemicals, fertilisers, and power generation, thereby boosting job creation and economic prosperity.

PM Modi's announcement reflects the government's vision to transform India into a gas-based economy, aligning with its ambitious goals for sustainable development and climate action. By attracting substantial investments in the gas sector, India aims to diversify its energy mix, reduce dependence on traditional fossil fuels, and mitigate environmental pollution. This significant investment commitment signals a promising future for India's gas sector and underscores the country's emergence as a key player in the global energy landscape.

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..