1. Home
  2. Infrastructure Energy
  3. OIL & GAS
  4. India's LPG Q1 sales rise 4.7% as customer base grows to 326.8 million
India's LPG Q1 sales rise 4.7% as customer base grows to 326.8 million
OIL & GAS

India's LPG Q1 sales rise 4.7% as customer base grows to 326.8 million

23 Aug 2024 2 Min Read CW Team
India's Public Sector Oil Marketing Companies (PSU OMCs) now serve 326.8 million active domestic LPG customers, reflecting an 8.2% annual growth since April 2015, according to a report by the Petroleum Planning and Analysis Cell (PPAC). In the first quarter of fiscal year 2024-25, the companies, including industry leaders IOCL, BPCL, and HPCL, added 1.02 million new domestic customers and established 14 new distributorships, expanding their network to 25,495 distributors nationwide. LPG sales during this period reached nearly 7.2 million metric tonnes (MMT), with the domestic sector accounting for approximately 89.5% of total sales, marking a 4.7% increase compared to the first quarter of the previous fiscal year. The PPAC report also highlighted the sector's infrastructure, noting that PSU OMCs operate 211 LPG bottling plants with a combined rated capacity of around 23.0 million metric tonnes per annum (MMTPA). Additionally, the total gross LPG tankage across India is approximately 1,288.1 thousand metric tonnes (TMT), equivalent to about 16 days of consumption based on the current daily average of 79.1 TMT.

In the automotive sector, PSU OMCs reported auto LPG sales of 18.2 TMT in the first quarter, predominantly in the Southern region, which accounted for about 84% of sales across 448 Auto LPG Dispensing Stations (ALDS).

The report also covered the progress of the Pradhan Mantri Ujjwala Yojana (PMUY) scheme, noting that as of July 1, 2024, the initiative has benefited approximately 10.33 crore households since its launch in May 2016. The Eastern region leads in PMUY connections, contributing 32.4% of the total. (ET)

India's Public Sector Oil Marketing Companies (PSU OMCs) now serve 326.8 million active domestic LPG customers, reflecting an 8.2% annual growth since April 2015, according to a report by the Petroleum Planning and Analysis Cell (PPAC). In the first quarter of fiscal year 2024-25, the companies, including industry leaders IOCL, BPCL, and HPCL, added 1.02 million new domestic customers and established 14 new distributorships, expanding their network to 25,495 distributors nationwide. LPG sales during this period reached nearly 7.2 million metric tonnes (MMT), with the domestic sector accounting for approximately 89.5% of total sales, marking a 4.7% increase compared to the first quarter of the previous fiscal year. The PPAC report also highlighted the sector's infrastructure, noting that PSU OMCs operate 211 LPG bottling plants with a combined rated capacity of around 23.0 million metric tonnes per annum (MMTPA). Additionally, the total gross LPG tankage across India is approximately 1,288.1 thousand metric tonnes (TMT), equivalent to about 16 days of consumption based on the current daily average of 79.1 TMT. In the automotive sector, PSU OMCs reported auto LPG sales of 18.2 TMT in the first quarter, predominantly in the Southern region, which accounted for about 84% of sales across 448 Auto LPG Dispensing Stations (ALDS). The report also covered the progress of the Pradhan Mantri Ujjwala Yojana (PMUY) scheme, noting that as of July 1, 2024, the initiative has benefited approximately 10.33 crore households since its launch in May 2016. The Eastern region leads in PMUY connections, contributing 32.4% of the total. (ET)

Next Story
Infrastructure Urban
29 Jan 2025

CASE India Launches Project Milaap for Devotee Safety at Kumbh Mela

CASE Construction Equipment, a brand of CNH, launches Project Milaap, a groundbreaking Corporate Social Responsibility (CSR) initiative aimed at ensuring the safety of millions of devotees attending the Kumbh Mela 2025 in Prayagraj. The initiative was officially flagged off in the presence of CSR committee Emre Karazli, VP-Construction Segment, CNH APAC, Shalabh Chaturvedi, Managing Director, CASE India & SAARC, Satendra Tiwari, Executive Director – Operations, Mr. Puneet Vidyarthi, Head of Brand Marketing, APAC along with representatives from the company. With an expected footfall of over ..

Read More
Next Story
Infrastructure Energy
29 Jan 2025

CleanMax Announces Financing for Onsite Solar Projects in UAE

CleanMax, one of Asia's leading renewable energy providers for the Commercial and Industrial (C&I) sector and a Brookfield-backed company, announced that it will obtain AED 99 Million (USD 27 Million) long term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. The facility will cover 92 onsite solar assets, located on industrial facilities, malls, schools and universities. The financing arrangement also provides an uncommitted accordion of AED 37 Million (USD 10 Million) for development of future projects, in alignment with UAE’s Net Zero 2050 Strategy. ..

Read More
Next Story
Infrastructure Urban
29 Jan 2025

Virtusa Foundation’s School Restoration Project Wins UNESCO Award

Virtusa, through the Virtusa Foundation, proudly announces that the restoration of the Byramjee Jeejeebhoy Parsee Charitable Institution (B.J.P.C.I) in Mumbai has been honored with the ‘Award of Merit’ from the UNESCO Asia-Pacific Awards for Cultural Heritage Conservation 2024. This project, which aligns with the Virtusa Foundation’s core pillars of education, empowerment, and environment, highlights Virtusa’s commitment to sustainability and social impact. By supporting restoring this 134-year-old structure, Virtusa has helped preserve a vital piece of history while ensuring the insti..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

CASE India Launches Project Milaap for Devotee Safety at Kumbh Mela
ECONOMY & POLICY
29 Jan 2025

CASE India Launches Project Milaap for Devotee Safety at Kumbh Mela

CleanMax Announces Financing for Onsite Solar Projects in UAE
POWER & RENEWABLE ENERGY
29 Jan 2025

CleanMax Announces Financing for Onsite Solar Projects in UAE

Virtusa Foundation’s School Restoration Project Wins UNESCO Award
ECONOMY & POLICY
29 Jan 2025

Virtusa Foundation’s School Restoration Project Wins UNESCO Award

Godrej Enterprises Targets 20% Growth for Power Infra Biz
POWER & RENEWABLE ENERGY
29 Jan 2025

Godrej Enterprises Targets 20% Growth for Power Infra Biz

MNRE Secretary Reviews IREDA Performance and Strategic Vision
ECONOMY & POLICY
29 Jan 2025

MNRE Secretary Reviews IREDA Performance and Strategic Vision

India Adopts Drone Delivery for Postal Services
Technology
29 Jan 2025

India Adopts Drone Delivery for Postal Services

India Sotheby’s Survey Shows Continued Demand for Luxury Real Estate
Real Estate
29 Jan 2025

India Sotheby’s Survey Shows Continued Demand for Luxury Real Estate

Global mining needs $1.7 Trn investment for energy transition: Hebbar
COAL & MINING
29 Jan 2025

Global mining needs $1.7 Trn investment for energy transition: Hebbar

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000