Vizag Steel shifts to PNG amid LPG crisis
after close1 source ↓written by the desknot a recommendation
Rashtriya Ispat Nigam Limited (RINL) has transitioned part of its energy needs to piped natural gas (PNG) due to a shortage of LPG caused by the West Asia conflict. This shift aims to stabilize operations amid rising fuel costs and declining coke oven gas (COG) generation. Heavy industries are increasingly seeking cost-effective energy alternatives in this volatile market.
Not investment advice. For informational purposes only.