+
Rs 100 bn to be invested in 1,000 LNG stations
OIL & GAS

Rs 100 bn to be invested in 1,000 LNG stations

India is preparing to see investments of around Rs 100 billion in three years for the development of infrastructure to use liquefied natural gas (LNG) as fuel for transportation in the long run. Under this objective, 1,000 LNG stations are to be included.

Industry majors launched 50 stations this week as the first step towards this goal. Indian Oil Corporation (IOC) launched 20 stations, while 11 each were launched by Hindustan Petroleum Corporation and Bharat Petroleum Corporation, six by GAIL India, and two by Petronet LNG. In the first phase, most outlets will come up in Gujarat, Andhra Pradesh, Karnataka, Tamil Nadu, Kerala, and Rajasthan. According to India's petroleum minister Dharmendra Pradhan, LNG has the potential to take up at least 10% of a total of 10 million trucks in India. The government is targeting the conversion of heavy vehicles and equipment to LNG in the mining sector as well. When compared to diesel, LNG is 40% cheaper. Therefore 40% decrease in expenses of heavy vehicles makes it a win-win situation. This will have a positive impact on inflation as logistics costs will reduce.

With the launch of 50 retail outlets along the Golden Quadrilateral, India aims to move towards next-generation infrastructure including logistics and transportation. Around 150 such fuel stations are expected to come up during the next year along the Golden Quadrilateral, where the plan is to have LNG stations at every 200 km.

At least 20-25 million metric standard cubic metre per day (MMSCMD) equivalent LNG is expected by the government to come up in India's transportation sector shortly.

LNG imports in India have increased by 18% from 28,740 MMSCM in 2018-19 to 33,837 MMSCM in 2019-20. Owing to the pandemic situation, the cumulative import of 15,881 MMSCM from April to September for the current year witnessed a drop of 3.3% compared to the corresponding period in the previous year. India has six LNG terminals at present, at Kochi, Ennore, Dahej, Hazira, Dabhol and Mundra, with an overall capacity of 42.5 million metric tonnes per annum.

India is preparing to see investments of around Rs 100 billion in three years for the development of infrastructure to use liquefied natural gas (LNG) as fuel for transportation in the long run. Under this objective, 1,000 LNG stations are to be included. Industry majors launched 50 stations this week as the first step towards this goal. Indian Oil Corporation (IOC) launched 20 stations, while 11 each were launched by Hindustan Petroleum Corporation and Bharat Petroleum Corporation, six by GAIL India, and two by Petronet LNG. In the first phase, most outlets will come up in Gujarat, Andhra Pradesh, Karnataka, Tamil Nadu, Kerala, and Rajasthan. According to India's petroleum minister Dharmendra Pradhan, LNG has the potential to take up at least 10% of a total of 10 million trucks in India. The government is targeting the conversion of heavy vehicles and equipment to LNG in the mining sector as well. When compared to diesel, LNG is 40% cheaper. Therefore 40% decrease in expenses of heavy vehicles makes it a win-win situation. This will have a positive impact on inflation as logistics costs will reduce. With the launch of 50 retail outlets along the Golden Quadrilateral, India aims to move towards next-generation infrastructure including logistics and transportation. Around 150 such fuel stations are expected to come up during the next year along the Golden Quadrilateral, where the plan is to have LNG stations at every 200 km. At least 20-25 million metric standard cubic metre per day (MMSCMD) equivalent LNG is expected by the government to come up in India's transportation sector shortly. LNG imports in India have increased by 18% from 28,740 MMSCM in 2018-19 to 33,837 MMSCM in 2019-20. Owing to the pandemic situation, the cumulative import of 15,881 MMSCM from April to September for the current year witnessed a drop of 3.3% compared to the corresponding period in the previous year. India has six LNG terminals at present, at Kochi, Ennore, Dahej, Hazira, Dabhol and Mundra, with an overall capacity of 42.5 million metric tonnes per annum.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code