India Imports 36.85 BCM LNG

21 Oct 2024 CW Team

India imported 36.85 billion cubic meters (BCM) of liquefied natural gas (LNG) in the first six months of the fiscal year, while domestic natural gas production reached 36,438 million metric standard cubic meters (MMSCM). The increase in LNG imports underscores the country’s growing energy needs and reliance on global LNG supplies to meet industrial and domestic demand. The Indian government has been working to strike a balance between ramping up domestic natural gas production and importing LNG to fulfill the energy needs of its burgeoning population and expanding industrial sectors.

The rise in natural gas production is attributed to increased output from various domestic fields. However, despite efforts to boost local production, the country's LNG imports continue to play a crucial role in filling the gap between supply and demand. India is among the world's largest importers of LNG, and this import surge highlights the country's strategy to meet its energy requirements while transitioning toward cleaner energy sources.

The government has set a vision of increasing the share of natural gas in the overall energy mix, aiming to make it a more significant component in the country's clean energy transition. Natural gas is seen as a bridge fuel, offering a lower carbon footprint compared to coal and oil, while efforts to scale up renewables progress.

With this consistent import of LNG and focus on growing domestic production, India aims to secure energy availability and contribute to reducing its carbon emissions. This dual strategy also reflects the country's broader commitment to energy security and economic growth. The rise in gas consumption across various sectors, including power generation, transportation, and industries, underlines the importance of robust energy infrastructure in sustaining India’s development trajectory.

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..