+
India's Fuel Consumption Sees 2.6% Growth in June
OIL & GAS

India's Fuel Consumption Sees 2.6% Growth in June

India's fuel consumption rose by 2.6% in June, driven primarily by a surge in demand for aviation turbine fuel (ATF) and petrol. This growth reflects the ongoing recovery in the country's economic activities and an increase in transportation needs.

The aviation sector saw a notable uptick in ATF consumption, indicating a rebound in air travel as restrictions ease and passenger numbers rise. Similarly, petrol usage surged, pointing to increased mobility and consumer confidence in the economy.

The rise in fuel consumption is seen as a positive indicator of economic recovery, with more robust transportation and industrial activities. It also highlights the gradual normalization of demand patterns following the disruptions caused by the pandemic.

This growth in fuel consumption is expected to impact the oil and gas industry, influencing supply chain dynamics and pricing strategies. As India continues to recover economically, sustained increases in fuel demand may prompt adjustments in energy policies and infrastructure investments to meet the growing needs.

India's fuel consumption rose by 2.6% in June, driven primarily by a surge in demand for aviation turbine fuel (ATF) and petrol. This growth reflects the ongoing recovery in the country's economic activities and an increase in transportation needs. The aviation sector saw a notable uptick in ATF consumption, indicating a rebound in air travel as restrictions ease and passenger numbers rise. Similarly, petrol usage surged, pointing to increased mobility and consumer confidence in the economy. The rise in fuel consumption is seen as a positive indicator of economic recovery, with more robust transportation and industrial activities. It also highlights the gradual normalization of demand patterns following the disruptions caused by the pandemic. This growth in fuel consumption is expected to impact the oil and gas industry, influencing supply chain dynamics and pricing strategies. As India continues to recover economically, sustained increases in fuel demand may prompt adjustments in energy policies and infrastructure investments to meet the growing needs.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code