Page 5 - Cng

Delhi extends permit validity of taxis running on CNG, other clean fuels

All taxis running on CNG, other clean fuels to have permit validity of 15 years

Tata Motors on the green path, every 3rd vehicle to be either CNG or EV

Automaker to increase share of CNG-powered vehicles without compromising on comfort, features

Tata Motors launches CNG version of hatchback Altroz; starts at Rs 7.55 lk

Tata Motors on Monday launched the CNG version of its premium hatchback Altroz at an introductory price of Rs 7.55 lakh (ex-showroom all-India). The Altroz iCNG comes in six variants priced between Rs 7.55 lakh and Rs 10.55 lakh (all prices ex-showroom all-India), Tata Motors said in a statement. It is equipped with a twin-cylinder CNG technology and comes with advanced features such as voice-assisted electric sunroof, wireless charger and air purifier, among others. The twin CNG cylinders are located below the luggage area with valves and pipes protected under the load floor thereby minimising the risk of potential damage, the company added. Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra said customers are increasingly choosing alternate fuel options with the intent of economical as well as eco-friendly drive and CNG as a fuel with its wide availability and accessibility has gained a lot of acceptance. However, optin

Have commenced dispensing CNG, PNG connections to households: IndianOil

State-owned IndianOil commenced dispensing of CNG and PNG (piped natural gas) connections to residential units and the company has set a target of providing 1.50 crore connections across the country, a top official has said. A CNG (compressed natural gas) cylinder testing unit, claimed to be the first-of-its-kind to be set up in Tamil Nadu by AIRVIO Technologies, was inaugurated by IndianOil Corporation Ltd Director-Pipelines S Nanaware near here. CNG and PNG are almost 30 per cent cheaper than alternate fuels and considered "very safe", he said. "It does not have any problem as compared with LPG and MS (motor spirit). This is very safe. In particular, households wherever they are using it as a fuel are safe. Because this is lighter than air and (even) if any leakage is there, it will go into the air without causing any harm to anybody and it is also cheaper," he told reporters. Responding to a query, he said for IndianOil Corporation, the target is to provide 1.50 crore in the ...

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

Maruti Suzuki can put pedal to rerating metal on volume, market gains

There could be margin pressures in the near term, given commodity costs

Revised gas pricing formula to aid profit stability for producers: Fitch

The government's decision to limit prices of domestic natural gas from legacy fields to between USD 4-6.5 per million British Thermal Unit (mmbtu) will support margins for city gas distributors, encourage the use of gas, and reduce cash flow volatility for upstream producers, Fitch Ratings said on Wednesday. "We expect a partial pass-through of the lower administered price mechanism (APM) gas prices, at which domestic upstream producers supply gas to city gas distributors, in the prices of compressed natural gas (CNG) and domestic piped natural gas (PNG) to add to the distributors' margins in the near term," it said in a statement. City gas retailers like Indraprastha Gas Ltd and Adani Total Gas Ltd last weekend announced Rs 6-8 cut in CNG and PNG prices, reflecting the cut in input gas prices. The APM price under the new regime was calculated at USD 7.92, but is capped at USD 6.5 for the rest of April, 24 per cent below levels in October 2022-March 2023. "We expect such price cuts

CNG penetration to rise to 18% by 2027 from 11% in 2022, says Icra

ICRA said that the new gas pricing policy led to CNG prices declining to levels seen nearly a year ago, thereby providing relief to the consumers

Consumer prices of gas tumble as utilities slash PNG and CNG prices

Days after new gas pricing norms adopted by Centre, city gas distribution companies across the country announce price cuts for PNG & CNG

GAIL Gas Ltd announces reduction in prices of CNG, PNG by upto Rs 7

GAIL Gas Ltd, the city gas arm of the nation's largest gas firm GAIL (India) Ltd, on Sunday announced a reduction of up to Rs 7 in the prices of CNG and piped cooking gas following a reduction in input gas price. GAIL Gas cut the price of the gas that households received through piped natural gas, or PNG, by Rs 7 per standard cubic metre in Bengaluru and Dakshin Kannada and by Rs 6 per scm in other cities where the company operates. Similarly, CNG price has been cut by Rs 7 per kg in Karnataka and by Rs 6 in other areas, the company said in a statement. "GAIL Gas Limited is also steering its pricing mechanism in line with the Government of India's guideline to pass on new domestic gas pricing benefits to its customers and has announced a substantial reduction in prices with effect from April 9, 2023," it said. The new effective domestic PNG prices are Rs 52.50 per scm in Dewas, Meerut, Sonipat, Taj Trapezium Zone, Raisen, Mirzapur, Dhanbad, Adityapur and Rourkela, and Rs 51.50 per

CNG, piped cooking gas price down by up to Rs 6 in Delhi, 1st cut in 2 yrs

The prices of CNG and cooking gas piped to household kitchens in the national capital on Saturday were cut by up to Rs 6 - the first reduction in two years - after the government changed the pricing formula of natural gas. CNG in the national capital territory of Delhi will now cost Rs 73.59 per kg, down from Rs 79.56, Indraprastha Gas Ltd (IGL) - the firm which retails CNG and piped cooking gas in the city, said in a Twitter post. Simultaneously, the rates of gas piped to household kitchens, called piped natural gas (PNG), has been cut to Rs 48.59 per standard cubic metre in Delhi from Rs 53.59 per scm, according to IGL. The reduction follows an over 80 per cent increase in prices in two years. CNG prices were hiked on 15 occasions between April 2021 and December 2022. Since April 2021, CNG prices have increased by Rs 36.16 per kg, or 83 per cent, according to data compiled by PTI. CNG prices were last hiked on December 17, 2022. Similarly, PNG rates have increased by 10 times ..

Domestic gas price for April at $7.92, price for consumers capped at $6.5

The government on Thursday amended the domestic pricing model of natural gas in line with the recommendations of the Kirit Parikh committee on gas pricing

Govt imposes gas price caps, accepts key suggestions of Kirit Parikh panel

Centre accepts all major recommendations of Kirit Parikh committee, imposes price caps

Gas sector confident of smooth transition as it awaits new pricing rules

Officials said existing APM gas prices have been left broadly unchanged till Sept 31 as a temporary arrangement

Stepping on the gas: CNG fuel of choice in green mobility quest

Though EVs have fast gained traction; CNG vehicle sales are up 82% in 5 years

Cabinet to impose price caps on gas to stave off rising rates to $10.7

The Union Cabinet is likely to soon consider imposing caps or a ceiling on price for majority of natural gas produced in the country to keep input costs for users ranging from CNG to fertilizer companies in check, sources said. The government bi-annually fixes prices of locally produced natural gas -- which is converted into CNG for use in automobiles, piped to household kitchens for cooking and used to generate electricity and make fertilisers. Two different formulas govern rates paid for gas produced from legacy or old fields of national oil companies like Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), and that for newer fields lying in difficult to tap areas such as deepsea. The global spurt in energy prices post Russia's invasion of Ukraine have led to rates of locally produced gas climbing to record levels - USD 8.57 per million British thermal unit for gas from legacy or old fields and USD 12.46 per mmBtu for gas from difficult fields. These rates are due to

Mahanagar Gas' Unison Enviro acquisition lights up its growth prospects

Tailwinds for the industry in the form of decline in gas prices are also near-term positive

Tata team arrives for inspection after BEST took 400 CNG buses off road

Mumbai's civic transport body BEST on Thursday said the nearly 400 CNG-run buses which were taken off roads after three recent incidents of fire will be back in service only after a written assurance of safety is received from manufacturer Tata Motors. A team of TATA Motors Engineering arrived in the city from Lucknow on Thursday and is re-examining all these buses for compliance of safety standards, BEST said in a statement. Once they complete examination of safety parameters and give necessary clearance and written commitment and assurance of safety norms compliance, these buses will be put to service, it said, adding that the exercise is likely to be completed in six or seven days. On Wednesday evening, BEST undertaking announced taking 400 leased buses of M/S Mateshwari Limited off roads after a third incident of a CNG bus catching fire within one month. The 400 leased CNG buses of Mateshwari operate on around 40 routes, BEST sources said. Commuters faced a lot of inconvenien

Mumbai transport takes 400 buses off roads as 3 CNG buses catch fire

Mumbai's civic transport body BEST on Wednesday said it was taking 400 leased buses off roads after three incidents of these buses catching fire were reported within one month. A bus of the Brihanmumbai Electric Supply and Transport (BEST) undertaking was completely gutted in fire in suburban Andheri earlier in the evening. No one was injured in the incident, officials said. In view of these incidents involving TATA CNG buses operated by M/S Mateshwari Ltd, BEST has decided to take all 400 buses off roads till the OEM (original manufacturer) and operator take necessary corrective measures to ensure that such incidents do not happen in future, said BEST general manager Lokesh Chandra in a statement.

CNG, EVs, hybrid vehicles to comprise 30% of total auto sales: ICRA

CNG, EVs and hybrid vehicles may grab up to 30 per cent share in total auto sales in next five years even as petrol cars are likely to dominate passenger vehicle volumes in medium-term, a report said on Tuesday. Demand for Electric Vehicles (EVs) has increased exponentially in the last two years with the government's push, increasing awareness, and new launches, domestic rating agency Icra said in its report. However, the share of EVs in the overall PV (passenger vehicle) industry remains low, at 1 per cent currently, it stated. On the other hand, CNG vehicles have also gained prominence in recent years, aided by favourable running costs, improving penetration of CNG dispensing stations across the country, and enhanced product offerings by OEMs, Icra said and added, lower emissions in CNG vehicles would also help OEMs (original equipment manufacturers) comply with the impending Corporate Average Fuel Economy (CAF) norms. Noting that a cohesive approach from all stakeholders is ...