Reasons to Invest

Natural Gas
Reserves of Natural Gas in India is 1339.57 BCM
CNG
10,000 CNG stations to be opened by 2030
Refinery
India currently has 23 refineries with a capacity of 249 MT; This is expected to grow by 77% to 439 MT by 2020

How We Help Investors

Research Content Provider

Research Content Provider

Location Analysis

Location Analysis

Policy Advisory/Representation

Policy Advisory/Representation

Stakeholders Meeting

Stakeholders Meeting

Issue Resoution

Issue Resoution

Regulatory Clearance Facilitation

Regulatory Clearance Facilitation

INVESTOR QUERY

FDI Norms

100% FDI is allowed under the Automatic Route
FDI
100%

FDI Allowed

Read FDI Policy

Government Support

Draft CGD Policy
  • The new draft CGD Policy may reduce road taxes for gas-driven vehicles; Single Window clearance in states for CGD
  • Government of India plans to begin door-to-door delivery of Petrol, CNG and LNG, as is being done for Diesel by Mobile dispenser.
LNG approved as fuel for highway transportation
  • Government of India aims to reduce the GST on CNG run vehicles from 28% to 5%.  
  • The Ministry of Road Transportation and Highways, GoI has notified dual fuel usage (diesel as the primary fuel and CNG and Bio-CNG as the secondary) in the agricultural and construction equipment sector to promote the use of alternative fuels.
     

Export Scenario

-
Exports of Petroleum products 4.5 Million Tonne (MT)
-
India is the 4th largest LNG importer in the world, with 7% from Australia, 44% from Qatar, 15% from Russia and 34% from USA.
Ask Our Sector ExpertsRead EXIM Policy
Export

Product Profiles

-
India has a Strategic Petroleum Reserves (SPR) capacity 5.3 MT across three locations - 1.3 MT at Vishakhapatnam in Andhra Pradesh; 1.5 MT at Mangaluru in Karnataka and 2.5 MT at Padur in Odisha
Ask our sector expert
Strategic Petroleum Reserves (SPR)

Feb 22, 2021PM Modi dedicates various development projects in Assam
-
Feb 22, 2021PM Modi dedicates various development projec…PM Modi dedicates various development projects in Assam
-
Feb 18, 2021PM Modi's address at laying of foundation st…PM Modi's address at laying of foundation stone of key projects of Oil & Gas sector in Tamil Nadu

Image not accessible
Feb 23, 2021

Syama Prasad Mookerjee Port and Hiranandani Group enters into an agre…

Image not accessible
Feb 21, 2021

In a first, Lakshadweep to have own fuel delivery stations soon

Image not accessible
Feb 20, 2021

Reduce compliance burden for ease of doing business; ease of living: …

Image not accessible
Feb 19, 2021

Greenstat Norway to support R&D for making hydrogen India's future en…

Image not accessible
Feb 18, 2021

Essar signs MoU with IIT Dhanbad (ISM) for R&D in CBM gas exploration

VIEW ALL

Budget 2021-22The Budget for the Aspirational “New India”
Feb 03, 2021
The Budget for the Aspirational “New India”

As India revives from the shackles of Covid-19 pandemic and…

Strategic Investment Research Unit (SIRU)
By:
Budget 2021-22Back to Growth: Union Budget 2021-22 announcement – Oil & Gas
Feb 02, 2021
Back to Growth: Union Budget 2021-22 announcement – Oil & Gas

While our government has kept fuel supplies running across…

Ashima Kohli
By:
FDI PolicyFDI Dashboard
Oct 16, 2020
Dashboard on 'Flow of Foreign Direct Investments from top 50…

  The investment climate in India has improved…

Invest India
By:
VIEW ALL

Invest India Timeline

2021
DRAG TO VIEW MORE
VIEW ALL
pin
News
-
UN declares ‘Invest India’ winner of Investment Promotion Award 2020

The United Nations Conference on Trade and Development (UNCTAD) has declared ... Visit Page

VIEW ALL

Disclaimer: All views and opinions that may be expressed in the posts on this page as well as post emanating from this page are solely of the individual in his/her personal capacity