+
India Expects $67 Billion Investment in Gas Sector
OIL & GAS

India Expects $67 Billion Investment in Gas Sector

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.

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.

Next Story
Infrastructure Urban

REC honoured with ‘Best Design Thinking Award’ at DNA Awards 2025

REC, a Maharatna NBFC under the Ministry of Power, has received the ‘Best Design Thinking Award’ at the 5th Distinguished NBFC Awards (DNA Awards) hosted by Banking Frontiers.The award acknowledges REC’s digital initiatives in Retail Bonds, highlighting the company’s efforts to leverage technology and design thinking to improve customer experience and service delivery.Jitendra Srivastava, CMD, REC, congratulated the finance team for their commitment and contribution towards driving innovation. Harsh Baweja, Director (Finance), along with senior officials, joined in celebrating the reco..

Next Story
Infrastructure Urban

How India’s Logistics Sector Becoming Smarter, Faster, and Fairer

India’s logistics system, once criticized for being slow and fragmented, is now showing signs of a genuine turnaround. Policy reforms, new infrastructure, and rapid adoption of technology are changing the way goods move across the country. Officials argue the impact will be felt not just in lower costs, but in faster operations and more equitable opportunities for small businesses.Smarter: Digital Innovation Taking HoldThe biggest shift has been digital. Artificial Intelligence (AI), Machine Learning (ML), IoT and block chain are no longer buzzwords, they are now being used on the ground. Fl..

Next Story
Infrastructure Urban

Hindustan Zinc Charts Multi-metal Future as Cornerstone of 2x Growth Strategy

Hindustan Zinc, a Vedanta Group company and the world’s largest integrated zinc producer, has announced a bold transformation agenda – Hindustan Zinc 2.0 – to evolve from a zinc-and-silver leader into a diversified, multi-metal enterprise powering India’s future growth.Addressing shareholders at the company’s 59th Annual General Meeting, Chairperson Priya Agarwal Hebbar said, “Hindustan Zinc is moving beyond its zinc and silver legacy to become a multi-metal, future-ready enterprise. As demand for critical minerals grows across clean energy, digital infrastructure, and national sec..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?