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
In a first, the national capital will see buses plying on hydrogen-spiked CNG that gives emissions equivalent to BS-VI grade fuel from a lower category engine. Oil Minister Dharmendra Pradhan formally launched the trial run of 50 buses on hydrogen-blended CNG or H-CNG on Tuesday. Speaking on the occasion, he said Indian Oil Corp's (IOC) R&D Centre has developed the patented compact reforming process for H-CNG production directly from natural gas. Besides lower emissions, H-CNG also gives better mileage, he said. For the pilot, 18 per cent of hydrogen is being spiked in CNG. H-CNG gives 70 per cent less carbon monoxide and is 25 per cent lower in hydrocarbon emissions in heavy-duty BS-IV engines as compared to baseline CNG, according to a statement by IOC. Besides, it increased fuel economy by 4 to 5 per cent. Pradhan said the trails of H-CNG will be run in 50 BS-IV compliant buses. "Providing clean and reliable energy supplies is the topmost priority of the government," he said,
Union Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan will today formally launch the much-awaited trial run of HCNG buses
As part of reforms oriented towards providing cleaner auto fuels in the country, government will soon launch a pilot on hydrogen CNG or HCNG soon, a senior government official said on Saturday
As part of the plan to develop a gas-based economy in India by making natural gas available across the upcountry regions, Pradhan dedicated 42 CNG stations and 3 City Gate Stations to the community
These newer energy sources aren't only diversifying the automotive fuel basket for India but can help in reducing emission to an extent
H-CNG is an 18% mix of hydrogen in compressed natural gas
The draft regulations requires the CGD players to provide third-party access at regulated tariffs
Lower gas prices in second half will boost per unit margin
Currently, three CNG-based furnaces were in operation, of which one has developed some technical snag and is being rectified
The new trim comes with one litre engine delivering a mileage of 31.2 km/kg
Currently, the company has around 20 consumers, based in and around Durgapur in West Bengal