The government’s unified pipeline tariff, introduced in July 2024, sets a levelized tariff of INR 80.97/MMBTU, aimed at creating a “One Nation, One Grid, One Tariff” system.India’s natural gas pipeline network is set to expand by 10,805 km, adding to the existing 24,945 km operational network, the ministry of petroleum and natural gas said. The expansion is part of efforts to complete the national gas grid, ensuring uniform availability of natural gas across regions.
The country also aims to achieve 20% ethanol blending in petrol by 2025 under the Ethanol Blended Petrol Programme. As of December 2024, ethanol blending has reached 16.23%, up from 14.60% in the previous year. Over the last decade, the programme has saved INR 1.08 lakh crore in foreign exchange, reduced CO2 emissions by 557 lakh metric tonnes, and facilitated INR 92,400 crore in payments to farmers.
Under the SATAT initiative, 80 compressed bio-gas (CBG) plants have been commissioned, with 72 plants under construction. From FY 2025-26, blending of CBG in CNG and PNG segments will become mandatory, starting at 1% and gradually increasing to 5% by FY 2028-29.
The ministry announced that public sector oil marketing companies have installed 17,939 electric vehicle (EV) charging stations and 206 battery-swapping stations at retail outlets across the country as of December 2024.
India’s refining capacity is projected to rise from 256.8 million metric tonnes per annum (MMTPA) to 309.5 MMTPA by 2028. The increase will be driven by ongoing projects at 11 PSU refineries and the establishment of new greenfield refineries.
Domestic gas production has increased from 34.45 billion cubic metres (BCM) in FY 2022-23 to 36.44 BCM in FY 2023-24. The Ministry also reported 13 hydrocarbon discoveries under the Hydrocarbon Exploration Licensing Policy (HELP) and 12 discoveries under nomination and contractual regimes during FY 2023-24.
The government’s unified pipeline tariff, introduced in July 2024, sets a levelized tariff of INR 80.97/MMBTU, aimed at creating a “One Nation, One Grid, One Tariff” system.
The ministry emphasized its commitment to reducing import dependency by promoting domestic production, renewable energy integration, and energy efficiency. Approximately INR 5.7 lakh crore worth of oil and gas projects are under implementation, with targeted expenditure of INR 79,264 crore for FY 2024-25.
