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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
West Asia conflict: India adds record over 1 million PNG ...
2026-04-21 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Since March 15, 2026, on an average, more than 10,000 new PNG connections have been provided on a daily basis

Since March 15, 2026, on an average, more than 10,000 new PNG connections have been provided on a daily basis

There is a small silver lining to the ongoing West Asia conflict, considered the biggest energy-related disruption in history, as the war and acute scarcity of liquefied petroleum gas (LPG) forced India to push aggressively towards piped natural gas (PNG), which has been gradually expanding but not at the pace expected.

For instance, India had around 1.67 crore domestic PNG (DPNG) connections as of February 2026, against a Minimum Work Programme Target (MWPT) of roughly 12.64 crore and a Pro-rata Target (PT) of almost 3.99 crore. The achievement is 42 per cent of the PT.

The crisis pushed the Oil Ministry to cumulatively add more than 10.69 lakh PNG connections, including those that have been gasified. This is a record addition with March alone locking in 6.1 lakh connections. Since March 15, 2026, on an average, more than 10,000 new PNG connections have been provided on a daily basis.

As the conflict impacted 60 per cent of India’s LPG imports, the government immediately prioritised providing household PNG connections in areas where pipeline infrastructure is in place with a focus on targeting nearly 30 lakh connections.

There are a total of 60 lakh LPG connections near operating city gas distribution (CGD) networks that can easily migrate to PNG.

Sujata Sharma, Joint Secretary in the Ministry of Petroleum & Natural Gas, said on Tuesday, “Since March 2026, more than 5.01 lakh PNG connections have been gasified. Further, more than 5.68 lakh customers have been registered for new connections.”

During March 2026, over 3.25 lakh connections were gasified, and over 2.85 lakh new connections were installed.

Targeted measures

The government has issued a series of targeted measures to manage disruptions in LPG supply while strengthening the gas-based energy ecosystem. Key interventions include the LPG (Regulation of Supply and Distribution) Amendment Order and the Natural Gas & Petroleum Products Distribution Gazette Notification.

A significant reform initiative linking the allocation of commercial LPG with the expansion of the CGD network in States has already begun to yield positive results, leading to accelerated infrastructure growth and improved last-mile connectivity.

Besides, the Petroleum and Natural Gas Regulatory Board (PNGRB) launched the three-month-long National PNG Drive in January 2026 to accelerate the rollout of CGD infrastructure. It yielded significant results with CGD entities developing additional DPNG infrastructure for 6.5 lakh connections till March 31, 2026.

Gas supply commenced for nearly 5.29 lakh domestic and 2,457 commercial consumers. In addition, 11 new geographical areas have been connected to the Natural Gas Pipeline network.

This drive has now been extended till June 2026.

Published on April 21, 2026