In recent years, the Indian government has given significant impetus to infrastructure development, driven by the growing need to support ongoing economic growth and rapid urbanisation. National development goals such as Viksit Bharat 2047 have […]
The hydrocarbon sector is vital in keeping India’s economic growth engine running. Domestic crude oil consumption has increased from 174.5 million tonnes (mt) in FY 2013 to 247.8 mt in FY 2023, growing at a […]
Reduction in train accidents The average number of consequential train accidents during the period 2004-14 was 171.1 per annum, compared to 70.9 per annum during the period 2014-23. The average number of train derailments during […]
Oil production declines even as consumption grows Oil consumption in the country has grown at a CAGR of 3.69 per cent from 2000 to 2022. However, oil production has witnessed a decline on account of […]
The demand for oil and gas in India currently exceeds the supply by a huge margin. To bridge this gap between demand and supply, India has resorted to importing oil and gas. To this end, […]
In a recent interview with Indian Infrastructure, Dr Anil Kumar Jain, secretary, Ministry of Coal (MoC), shared his views on the performance of the coal sector and the outlook for coal demand in view of […]
The rolling stock segment has been steadily growing for the past few years. With the addition of new high and semi-high speed coaches and trains, and the launch of the Vande Bharat and Vistadome coaches, […]
India’s crude oil production fell for the sixth consecutive year in 2017-18 to 35.68 million tonnes (mt), pushing the country’s import dependence further to 82.8 per cent and dampening prospects for the government’s plan to […]
The construction sector is one of the major contributors to economic growth, accounting for about 8 per cent of the country’s GDP. The sector has critical forward and backward linkages, with most of the construction […]
India’s demand for oil and gas is only partly met by domestic production. The shortfall in supply due to limited indigenous gas production is increasingly being met by liquefied natural gas (LNG) imports. The country […]
The global liquefied natural gas (LNG) market has witnessed several key developments over the past few years, such as falling gas prices, rising LNG production and enhanced export capacities. Such developments have also impacted the […]
The oil and gas industry across the globe has observed significant volatility in prices in recent times. Both crude oil and natural gas prices have exhibited a decline owing to a huge glut in supply. […]
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