HPCL Seeks LNG Deals, Terminal Launch

02 Aug 2024 CW Team

Hindustan Petroleum Corporation Limited (HPCL) is actively seeking liquefied natural gas (LNG) deals as part of its strategy to enhance its energy portfolio. The company is also working towards launching its LNG terminal by December 2024, marking a significant milestone in its expansion into the LNG sector.

The upcoming LNG terminal is expected to bolster HPCL's ability to import and process LNG, aligning with its goal to secure reliable and cost-effective energy sources. This initiative is part of HPCL's broader strategy to diversify its energy offerings and meet the growing demand for cleaner fuels in the Indian market.

HPCL's focus on LNG is driven by the increasing importance of natural gas as a transition fuel in the move towards cleaner energy. The terminal's launch will enable the company to better serve the domestic market, support energy security, and contribute to India's goals of reducing carbon emissions.

The company?s efforts in securing LNG deals and developing infrastructure reflect its commitment to expanding its operational capabilities and enhancing its competitive edge in the energy sector.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..