Latest news with #CrisilIntelligence
Time of India
4 hours ago
- Business
- Time of India
CNG poised for significant growth as India focuses on energy transition: Crisil
The city gas distribution (CGD) sector is at the core of India's energy transition, with compressed natural gas , in particular, poised for significant growth, according to a report by Crisil Intelligence. This projected growth, according to Crisil, will be powered by government thrust, urban mobility demand, and expanding infrastructure. With more than 18,000 CNG stations proposed and 12 crore households unlocked through licensing rounds, the momentum remains strong. "With the top states continuing to anchor demand, the next phase of growth should come from new geographies, backed by evolving gas-allocation patterns, private investments and aggressive vehicle conversion trends," the Crisil report titled 'City Gas Pulse' read. On the other hand, the competitive intensity is rising, exclusivity periods are closing, and infrastructure gaps are being bridged selectively. City Gas Pulse provides a sharp, state-wise and player-wise view of CNG demand evolution, infrastructure rollout, investment concentration and market readiness. CNG is becoming the focal point of India's energy mix and the city gas distribution (CGD) sector's growth as the country works towards achieving a 15 per cent share in the primary energy mix for natural gas. According to Crisil, expansion of geographical areas and the increasing demand for cleaner mobility position CNG as a viable and sustainable alternative to traditional fuels. "Regional infrastructure development and readiness play a significant role in enabling wider gas access amid a shift in market focus to electric vehicles," read the report. "CNG remains competitive despite evolving allocation and pricing pressure," it added. India meets a sizable portion of its energy needs through fossil fuels, and various renewable energy sources and relatively cleaner energy sources are seen as an avenue to reduce dependence on conventional sources of power. Green energy for climate mitigation is not just a focus area for India; it has gained momentum globally. At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, and reducing emissions by 1 billion tonnes by 2030. India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.
India.com
18 hours ago
- Business
- India.com
CNG Poised For Significant Growth As India Focuses On Energy Transition: Crisil
New Delhi: The city gas distribution (CGD) sector is at the core of India's energy transition, with compressed natural gas, in particular, poised for significant growth, according to a report by Crisil Intelligence. This projected growth, according to Crisil, will be powered by government thrust, urban mobility demand, and expanding infrastructure. With more than 18,000 CNG stations proposed and 12 crore households unlocked through licensing rounds, the momentum remains strong. "With the top states continuing to anchor demand, the next phase of growth should come from new geographies, backed by evolving gas-allocation patterns, private investments and aggressive vehicle conversion trends," the Crisil report titled 'City Gas Pulse' read. On the other hand, the competitive intensity is rising, exclusivity periods are closing, and infrastructure gaps are being bridged selectively. City Gas Pulse provides a sharp, state-wise and player-wise view of CNG demand evolution, infrastructure rollout, investment concentration and market readiness. CNG is becoming the focal point of India's energy mix and the city gas distribution (CGD) sector's growth as the country works towards achieving a 15 per cent share in the primary energy mix for natural gas. According to Crisil, expansion of geographical areas and the increasing demand for cleaner mobility position CNG as a viable and sustainable alternative to traditional fuels. "Regional infrastructure development and readiness play a significant role in enabling wider gas access amid a shift in market focus to electric vehicles," read the report. "CNG remains competitive despite evolving allocation and pricing pressure," it added. India meets a sizable portion of its energy needs through fossil fuels, and various renewable energy sources and relatively cleaner energy sources are seen as an avenue to reduce dependence on conventional sources of power. Green energy for climate mitigation is not just a focus area for India; it has gained momentum globally. At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, and reducing emissions by 1 billion tonnes by 2030. India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.
Time of India
a day ago
- Business
- Time of India
CNG poised for significant growth as India focuses on energy transition: Crisil
The city gas distribution (CGD) sector is at the core of India's energy transition, with compressed natural gas , in particular, poised for significant growth, according to a report by Crisil Intelligence. This projected growth, according to Crisil, will be powered by government thrust, urban mobility demand, and expanding infrastructure. With more than 18,000 CNG stations proposed and 12 crore households unlocked through licensing rounds, the momentum remains strong. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 21st Century Skills Start with Confident Communication Planet Spark Learn More Undo "With the top states continuing to anchor demand, the next phase of growth should come from new geographies, backed by evolving gas-allocation patterns, private investments and aggressive vehicle conversion trends," the Crisil report titled 'City Gas Pulse' read. On the other hand, the competitive intensity is rising, exclusivity periods are closing, and infrastructure gaps are being bridged selectively. Live Events City Gas Pulse provides a sharp, state-wise and player-wise view of CNG demand evolution, infrastructure rollout, investment concentration and market readiness. CNG is becoming the focal point of India's energy mix and the city gas distribution (CGD) sector's growth as the country works towards achieving a 15 per cent share in the primary energy mix for natural gas. According to Crisil, expansion of geographical areas and the increasing demand for cleaner mobility position CNG as a viable and sustainable alternative to traditional fuels. "Regional infrastructure development and readiness play a significant role in enabling wider gas access amid a shift in market focus to electric vehicles," read the report. "CNG remains competitive despite evolving allocation and pricing pressure," it added. India meets a sizable portion of its energy needs through fossil fuels, and various renewable energy sources and relatively cleaner energy sources are seen as an avenue to reduce dependence on conventional sources of power. Green energy for climate mitigation is not just a focus area for India; it has gained momentum globally. At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, and reducing emissions by 1 billion tonnes by 2030. India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.
Time of India
13-06-2025
- Automotive
- Time of India
Morning Brief Podcast: India's Rare Earth Reckoning
Morning Brief Podcast (ET Online) India's Rare Earth Reckoning Anirban Chowdhury | 24:31 Min | June 13, 2025, 6:16 AM IST LISTEN 24:31 LISTENING... As rare earth shortages disrupt global manufacturing, India's auto sector is feeling the crunch. In this episode of The Morning Brief, hosts Anirban Chowdhury and Shally Seth Mohile speak with Ankit Somani (Co-founder, Conifer), Hemal Thakkar (Senior Practice Leader and Director, Crisil Intelligence), and Vinnie Mehta (Director General, ACMA) to unpack how China's tightening grip on rare earth exports is sending shockwaves through India's auto sector. With restrictions on critical elements and magnets used in EVs, defense, and electronics, Indian supply chains are earth magnets up to 15 times stronger than steel magnets and power everything from regenerative braking and sensors to infotainment and battery systems. Yet despite having the world's fifth-largest reserves, India lacks the refining capacity, magnet-making infrastructure, and policy clarity to compete. The result? Deepening dependence on China, which controls more than 85% of global export approvals get entangled in a multi-agency licensing maze, Indian manufacturers are scrambling to respond from redesigning tech to lobbying for domestic capacity. This episode explores whether India can future-proof its clean-tech ambitions or stay magnetized to global risk.
Time of India
10-06-2025
- Business
- Time of India
S&P sees top companies' capex rise to $850 bn over 5 years
Indian companies are set to invest significantly. S&P Global Ratings projects spending of $800-850 billion by 2030. This doubles the previous five-year period's capital expenditure. Investments will likely strengthen credit profiles. Financing will come from operating cash flows. Healthy balance sheets and government policies support this growth. Successful execution will expand operational scale for India Inc. Tired of too many ads? Remove Ads New Delhi: India's top companies will spend $800-850 billion over the next five years to 2030, doubling the capital expenditure amount spent in the previous five-year period, S&P Global Ratings said on Tuesday. These investment plans are likely to strengthen credit profiles than weaken them, it added."Indian companies are well positioned for a growth run," said Neel Gopalakrishnan, S&P Global Ratings credit analyst. "Barring execution mistakes or negative macro changes, these investments should boost business scale without driving up leverage."The analysis by the ratings agency covers top 100 Indian companies by market capitalisation and some unlisted firms, and incorporates a study by Crisil Intelligence, a subsidiary of S&P Global for these investments will primarily come from operating cash flows, except for power sector, and will be supported by domestic funding options, according to the report titled 'India Inc's spending spree will likely pay off'.Balance sheets are currently at their healthiest level in years, according to the report. Companies are ramping up investments to meet demand, bolstered by favourable government policies and a positive economic outlook. Successful implementation of these plans is expected to expand operational scale, it added.
