Water shortage problems are a serious concern in many parts of the world, impacting the environment, businesses and the economy. Natural factors such as drought and climate change can contribute to water scarcity, as can […]
India is working towards increasing the share of natural gas in the energy mix from the current level of 6.3 per cent to around 15 per cent by 2030. A major requirement for increasing the natural […]
The railway sector has been one of the key focus areas of the government for several years now. With the aim of transforming and modernising Indian Railways (IR), the government has made considerable investments in […]
The country is working towards increasing the share of natural gas in the energy mix from the current level of 6.3 per cent to around 15 per cent by 2030. The global average share of […]
Commuters in Indian cities are increasingly opting for urban mass transit systems as the preferred mode of transportation. This has acted as a catalyst for the development of several new metro projects and the extension […]
The Indian economy is the world’s third largest economy (in terms of purchasing power parity), growing at an average rate of 7 per cent per annum. The country is also the third largest energy consumer […]
India’s natural gas consumption is expected to increase from 55 billion cubic metres (bcm) in 2016-17 to about 70 bcm by 2022 and 100-110 bcm by 2030. In order to meet this demand, several gas […]
India has city gas distribution (CGD) networks in 91 geographical areas (GAs) operated by 36 firms. With 16,500 km of pipelines in operation, around 4.2 million domestic consumers and over 33,000 industrial and commercial consumers, […]
The road sector has witnessed a new high ever since the government initiated a slew of reforms. New government programmes have been launched and work under the existing programmes has been expedited. In order to […]
The country’s oil and gas sector is currently at an inflection point for a number of reasons. These include a host of policy measures that have been introduced in the past 12-18 months, changing supply […]
Over the years, several gas operators have stepped up efforts to develop and expand their pipeline network infrastructure. This has led to the implementation of several key gas pipeline projects in the country, such as […]
City gas distribution (CGD) entities operating in the country appear to be positive about their future prospects. The government’s intent to move to a more gas-based economy bodes well for the segment going forward, as […]
Mahanagar Gas Limited (MGL) is one of the leading city gas distribution (CGD) companies in the country. Established in 1995, MGL is a joint venture between GAIL (India) Limited and BG Asia Pacific Holdings Pte Limited […]
With the country’s rich history of energy exploration, the first pipeline to be commissioned, as early as 1962, was the 1,167 km Naharkatia-Nunmati-Barauni crude oil pipeline. Today, the operational natural gas pipeline network is 16,121 […]
With the objective of promoting clean fuel use in the country, city gas distribution (CGD) networks were accorded public utility status in 2016. This allows the entities to increase the coverage of their networks, comprising […]
Ravichandran, Senior Vice-President and Co-Head, Corporate Ratings, ICRA […]
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