The company plans to drive in CNG trims across its product range
The scheme aims to boost manufacturing capability of the automobile sector, including the electric and hydrogen fuel cell vehicles
Indraprastha Gas Ltd, the firm that retails CNG in the national capital and adjoining cities, on Tuesday reported 30 per cent jump in its second quarter net profit on the back of higher sales volumes.
India's energy policy is increasingly focused on solar, wind, gas, biofuels, hydrogen and electric mobility
High crude prices have made India rethink its energy transition strategy
The Ministry of Petroleum and Natural Gas in a clarification to its November 8, 2019 order that eased norms for setting up of petrol pumps by new entities.
According to MOFSL, the retail demand evolution has been a mixed bag since the lifting of the second lockdown from mid-June 2021
IGL also increased domestic PNG prices with effect from October 2
Rating agency sees 25-27% surge in sales, driven in part by rebounding vehicular mobility and industrial activity as well
Setting of retail prices, frequency with which they change and government increasing taxes when global prices are low all put a question mark on so-called market-linked pricing mechanism
Petrol, diesel consumers to be unfazed but CNG to be hit for an hour every Thursday
Company plans to invest Rs 10,000 crore in next five years; launches CNG in Chennai, Tiruvallur
The segment aims to address demand from corporates, state govts; brand will have multiple engine options, including petrol CNG and electric and specific models
Apart from cost, benefits include ability to reach consumers at malls and offices, and places not yet connected with pipelines or where land parcels to set up conventional CNG stations are scarce
Adani Total Gas also beat ONGC, JSW Steel and Hindustan Zinc in m-cap ranking
PSU oil marketing company BPCL is aiming big to expand its footprint in clean fuel space and looking to set up an infrastructure to tap the growing market for electric and gas-based mobility
Amid skyrocketing prices of petrol and diesel, Maruti Suzuki India (MSI) is looking to cash in on the accelerated demand for its CNG vehicles, expecting nearly 50 per cent growth in the ongoing fiscal year, according to a senior company official. The company, which offers CNG options in eight models out of total 14 available in the Indian market, is also actively working to expand the portfolio. "This year CNG (vehicles) in the industry has grown almost 37 per cent at a time when the overall growth is negative (18 per cent decline) in April-January period. It means CNG is growing very well," Maruti Suzuki India Executive Director (Marketing & Sales) Shashank Srivastava told PTI. Explaining why the demand for CNG vehicles has gone up, he said as the prices of petrol and diesel as a fuel have gone up dramatically, the running costs have also increased. "The cost of running CNG is only Rs 1.5 per km whereas for petrol and diesel it is almost Rs 4 per km. People are now preferring ...
Total income declines 13.5% YoY to Rs 1,621 cr; firm says it is meeting fuel needs of over 1.2 mn CNG vehicles in NCR through a network of 560 CNG stations
Hike in retail price will be marginal as transportation tariff for national pipelines makes up only an eighth of the final consumer price
Company claims it will save Rs one lakh per year for the customer, at the current crude price