IOCL inaugurates LNG hub and first D-PNG connection in Salem

25 May 2023 CW Team

The Indian Oil Corporation (IOCL) inaugurated its first liquified natural gas (LNG) hub and first domestic piped natural gas (D-PNG) connection in Salem. The LNG hub is located at Mohan Nagar and will be used to distribute natural gas to domestic, industrial, and commercial consumers in the city. The D-PNG connection was inaugurated at the residence of the Salem Steel Plant Executive Director.

Natural gas is a cleaner-burning fuel than LPG, diesel, and petrol, and it is also more economical. The Indian government has set a target of raising the share of natural gas in the energy mix to 15% by 2030. The expansion of the CGD network is one of the main steps towards achieving this target.

The CGD network will cover 96% of India's population and 86% of its geographical area. This will allow natural gas to be used to meet the energy needs of a wider range of consumers. The use of natural gas will help to reduce pollution and improve air quality.

The inauguration of the LNG hub and D-PNG connection in Salem is a significant step towards the government's target of increasing the use of natural gas in India. The expansion of the CGD network will benefit a wide range of consumers and help to improve the environment.

Also Read
Prayagraj to get Rs 250 cr for road projects ahead of Mahakumbh-2025
New road to connect Jewar and IGI airports

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..