"We are planning to launch the new 'i10' model with 1.2L petrol engine in the next two months. It will be powerful by an additional 15 bhp against the existing one, which comes in a 1.1L engine," a Hyundai Motor India Ltd's spokesperson said.

He, however, refused to give any price range of the yet to be launched model. The current 'i10' model comes with a 66.7 bhp (brake horsepower) powered engine is priced in the range of Rs 3.31 lakh to Rs 4.83 lakh (ex-showroom, Delhi).     

The new engine, under the code name 'Kappa', is being developed at the company's Chennai facility, he said. The company had earlier announced a Rs 12,000 crore investment plan in the facility to reach a production capacity of three lakh engines per annum.     

Besides catering to the domestic market, the company would export engines from the Chennai plant by the end of this year, he said.     

Hyundai is also planning to launch the LPG variant of its most successful model 'Santro' by August this year.     

"We will launch LPG variants across all categories. It will start with Santro in August, followed by Accent and Getz," the spokesperson added.     

'Santro', powered by a 1,086cc engine, is available in CNG, diesel and petrol versions at present.     

Besides, the company would also introduce the CNG variant of its sedan 'Accent' in the next few months, he added.