Monetisation of IOCL, HPCL & GAIL pipelines loses steam

13 May 2022 CW Team

Due to a lack of investor interest and the reluctance of the companies to part stake, reportedly as per executives and investment bankers, the plan to monetise the oil and gas pipeline assets of IOCL, GAIL and Hindustan Petroleum has lost steam.

The monetisation of oil and gas pipeline assets had been announced by the Finance Minister Nirmala Sitharaman as part of the Budget 2021.

Following the announcement, the oil companies had drafted a blueprint to monetise stakes in their pipeline networks through infrastructure investment trusts (InvITs) which were to house pipelines of 5,000 km with the companies possibly offloading 26-49 per cent of their stakes in these projects.

InvITs act as investment vehicles for infrastructure projects of companies allowing investors to make small investments and receive regular income. These are considered as stable cash-generation assets and an attribute foreign pension funds look for.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..