Page 2 - Cng Prices

CNG price in national capital, adjoining cities hiked by Re 1 per kg

CNG price in the national capital and adjoining cities was on Saturday hiked by Re 1/kg on the back of reduction in domestic gas supplies. CNG price was hiked from Rs 74.09 to Rs 75.09 per kg, while in Noida, Greater Noida and Ghaziabad the rate went up from Rs 78.70 to Rs 79.70 per kg, according to information posted by IGL on its website. Other city gas suppliers have not changed the prices yet.

The green journey: Cleaner fuels driving one-fifth of PVs sold in India

Auto original equipment manufacturers (OEMs) have focused on launching CNG variants of their popular models to meet consumer demand for vehicles with lower running costs

IGL Q4 result: Net profit up 16% at Rs 382 cr, turnover dips to Rs 3,949 cr

Indraprastha Gas Ltd, India's largest CNG retailer, on Tuesday reported a 16 per cent rise in March quarter net profit as it sold more gas. The net profit of Rs 382.80 crore in the latest January-March quarter was compared to Rs 329.75 crore profit registered a year ago, the company said in a statement. For the full 2023-24 fiscal (April 2023 to March 2024), net profit soared 21 per cent to Rs 1,748.08 crore as against Rs 1,445.02 crore in the previous year. Turnover slipped marginally to Rs 3,949.17 crore in January-March from Rs 4,042.57 crore in the corresponding quarter of 2022-23. The gross turnover during the financial year 2023-24 was Rs 15,403.13 crore as compared to Rs 15,543.67 crore in the preceding financial year 2022-23 primarily due to cooling off of international gas prices despite increase in sales volume. "The sales volume in the quarter increased from 8.25 million standard cubic metres per day in Q4 of 2022-23 to 8.73 mmscmd in Q4 of FY'24, showing a volume growt

Adani Total Gas Q4 result: Profit up 72% at Rs 1.68 bn on higher CNG sales

Revenue had risen by more than 12% during the same period last year, driven by higher volumes and an increase in sales price

AG&P Pratham reduces its CNG price by Rs 2.5 per kg in Kerala, Andhra

AG&P Pratham, one of the leading city gas distribution players in the country, has announced a price cut of Rs 2.5 per kilogram in the compressed natural gas sold at its outlets in Kerala and Andhra Pradesh. The price cut took effect from March 7, the company said in a release. With the reduction of Rs 2.5 per kg, the price of CNG sold at the company outlets in Thiruvananthapuram, Alappuzha and Kollam is Rs 85.50, the release has said. In Andhra Pradesh, the reduction is the same, but the prices would vary between Rs 90.50 and Rs 91.50, the company has said. The change in pricing "aims to enhance savings of CNG vehicle owners substantially and facilitate the widespread use of natural gas in the transportation segment", it has further said. Ajith V Nagandran, AG&P Pratham Regional Head, expressed enthusiasm about the price drop, stating that the company was excited to announce the CNG price reduction from the existing rate of Rs 88 per kg to Rs 85.50 per kg in its operating ...

After MGL and IGL, Torrent Gas reduces CNG prices by Rs 2.50 per kg

After city gas retailers in Mumbai and Delhi reduced CNG prices, Torrent Gas on Saturday announced a Rs 2.50 per kg reduction in compressed natural gas (CNG) prices across all its locations. "This makes CNG cheaper by up to 45 per cent vis a vis petrol and up to 37 per cent vis a vis diesel," the company, which has a city gas license to sell CNG to automobiles and piped cooking gas to households in 34 districts, said in a statement. "This reduction in prices of CNG has been done with an objective of promoting the usage of clean fuel and enhancing the ecosystem of natural gas." Mahanagar Gas Ltd, the city gas operator in Mumbai and its adjoining areas, on March 6, announced a Rs 2.5 per kg reduction in CNG price. Accordingly, the revised CNG price will be Rs 73.50 per kg. "MGL's CNG price now offers attractive savings of 53 per cent compared to petrol and 22 per cent compared to diesel at current price levels in Mumbai while delivering unmatched convenience, safety, reliability and

Indian Biogas Association pitches for incentives to promote bio-fertilisers

Industry body Indian Biogas Association (IBA) has demanded a host of incentives including a dedicated Rs 1.4 lakh crore 'Biogas-Fertilizer Fund' that aims to promote the use of organic fertilizers for improved soil and human health. It said the key to accelerating the Bio-CNG/CBG (compressed natural gas/biogas) industry's growth lies in crafting pro-biofertilizer policies. This includes favorable regulations, tax exemptions, financing incentives, and accessible credit options, with a spotlight on fermented organic manure, it noted. Finance Minister Nirmala Sitharaman will present an interim budget for financial year 2024-25 on February 1. In a pre-budget memorandum submitted earlier this month to the finance ministry, the IBA has proposed to set up a new 'Sustainable Biogas Plant Fertilizer-Based Cultivation Programme' (SuBiCulP) with a dedicated Rs 1.4 lakh crore fund for five years. This all-encompassing initiative, based on SATAT (Sustainable Alternative Towards Affordable ...

CNG price hiked by Rs 1 per kg in Delhi-NCR from today: Check new rates

The price of compressed natural gas (CNG) has been increased to Rs 76.59 per kg in Delhi-NCR; the new price of CNG in Noida is now at Rs 82.20 per kg, and Rs 81.20 per kg in Greater Noida

Gas firms seek price deregulation as city distribution targets fall behind

International gas prices, typically one-sixth of oil prices, have risen since late 2021, touching $100 per barrel

Adani Group to invest Rs 1,700 crore in cement sector in Uttarakhand

Besides, the Adani group will also invest Rs 1,400 crore to set up a new grinding unit in the state with a capacity of four million tonnes

Govt hikes domestic natural gas prices to $9.20 per mmBTu from Oct 1

The hike in prices is likely to hurt consumers as the gas distribution companies are expected to increase prices of CNG and PNG

Maruti Suzuki looking to replicate diesel engine frugality with hybrid, CNG

Maruti Suzuki has clarified that it will not get into diesel vehicles and instead focus on developing and introducing CNG and strong hybrid vehicles

Riding on rising demand for CNG vehicles, Tata aims to double its sales

Currently, Tata offers its Tiago, Tigor, and Altroz with a CNG option. With its CNG vehicles, Tata is betting on the mass market that looks for affordable fuel options

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

Jet fuel prices slashed by 7% on softening international oil prices

Price of commercial LPG, which is used by business establishments like hotels and restaurants, on Thursday was cut by Rs 83.5 per 19-kg cylinder -- the third straight monthly reduction, while rates of jet fuel (ATF) were slashed by 7 per cent on softening international oil prices. A 19-kg commercial LPG now costs Rs 1,773 in the national capital, down from Rs Rs 1,856.5, according to price notification from state-owned fuel retailers. This is the third straight monthly reduction in commercial LPG prices. Rates were cut by Rs 91.5 per 19-kg cylinder on April 1, and by a steep Rs 171.5 on May 1. The three reductions have almost wiped out the Rs 350.5 per cylinder hike in prices effected from March 1. The price of domestic LPG -- the one households use in the kitchen for cooking purposes -- remained unchanged at Rs 1,103 per 14.2-kg cylinder in the national capital. Domestic LPG rates were last changed on March 1, when they were hiked by Rs 50 per cylinder. State-owned Indian Oil .

Tata Altroz CNG launched at a starting price of Rs 7.55 lakh; check details

The Altroz CNG comes with Tata's dual-cylinder set-up and is the only CNG car to be sold with a sunroof

As CNG and EVs expand in cities, fuel retailers look at the rural market

In the last three financial years, 88 per cent of the 16,190 new fuel pumps set up by Indian Oil, Hindustan Petroleum, and Bharat Petroleum were located in rural areas and highways

Q4 results: Adani Total Gas logs 21% rise in net profit over CNG sales

The company has pushed for an aggressive expansion of CNG stations at a time when piped natural gas volumes have dropped

Domestic natural gas prices for May notified; no impact on end consumers

Prices capped at $6.5 per MMBtu under new regime based on Kirit Parikh committee recommendations

IGL to reduce CNG price to Rs 73.59 per kg in Delhi-NCR from today

Indraprastha Gas Limited (IGL), which operates CNG stations across the Delhi-NCR, has decided to decrease the prices of CNG in the region from Sunday