Business Standard

CNG vehicles gear up for a long ride with regulated prices, strong demand

With regulated prices and its designation as a 'clean fuel', this segment of the transport industry could accelerate

CNG vehicles gear up for a long ride with regulated prices, strong demand
Premium

Shine Jacob Chennai
India’s city gas distribution (CGD) infrastructure has seen an investment of Rs. 1.5 trillion in the last five years. Apart from the supply of piped natural gas (PNG) for domestic and industrial purposes, compressed natural gas (CNG) for transportation forms a significant element of the CGD network. CNG, which is considered as one of the cleanest modes of transportation, has been seeing a topsy-turvy ride over the last few years.

The pandemic, price rise triggered by geopolitical tensions such as the Russia-Ukraine War, the subsequent demand dip and the European Union sourcing largely from India’s traditional Gulf suppliers are among

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 19 2023 | 5:58 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com