LNG pumps being planned along golden quadrilateral
State-run GAIL is putting together a plan and persuading all possible participants – city gas distributors, gas suppliers, financiers, fleet owners and truck manufacturers – to get them on board and help build an effective ecosystem for LNG-fuelled vehicles in the country, according to people familiar with the development
L&T Infrastructure Finance to provide Rs 518 crore loan to AG&P for city gas projects
AG&P is the largest foreign player in the city gas dist...
Oil ministry wants cut in GST on CNG vehicles to 5%
Govt aims to raise the share of natural gas in country’s primary energy mix to 15% by 203...
Gujarat okays CNG port terminal at Bhavnagar
The Gujarat Maritime Board (GMB) had signed an MoU with Foresight Group to set up this port terminal at Bhavnagar in the Vibrant Gujarat Summit held in January this year.
Mahanagar Gas cuts CNG, PNG prices
"After the revision, MGL's CNG offers attractive savings of about 55 per cent and 29 per cent as compared to petrol and diesel respectively at current price levels in Mumbai," it said.
BPCL privatisation could result in reassessment of govt-oil cos linkages: Ind-Ra
BPCL's stake sale is part of the govt's disinvestment target of Rs 1.05 lakh crore, which also includes divestment of other state-owned companies such as Shipping Corp of India (SCI), THDC India Ltd and NE Electric Power Corp Ltd, and a 30% stake sale in Container Corp of India. Ind-Ra said it would also assess the ability of the OMCs to maintain pricing freedom.
IGL Q2 profit more than doubles on tax cut, higher sales
The company availed the lower corporate tax rate announced by the government which resulted in a "gain of Rs 143.12 crore," it said.
From sustainable packaging to deliveries through EV, how Amazon India is mitigating climate change
With climate change approaching faster than expected, the Seattle-based retail giant Amazon is trying to be on the right side of the narrative in its fastest growing marketplace – India. It is now taking certain measures, including sustainable packaging, to contribute towards a greener environment.
CNG price in Delhi hiked by 50 paise, third since April
The new consumer price will be Rs 47.10 per kg in Delhi and Rs 53.50 per kg in Noida, Greater Noida and Ghaziabad.
Thrust on CNG leads to 50% growth in fuel’s demand
Consumption of petrol and diesel, which have much larger market, rose 48% and 20%.
Stock pick of the week: Why are analysts betting on Mahanagar Gas
The expected improvement in volume growth due to the addition of 500 new CNG buses and 40 new CNG stations in the Mumbai Metropolitan Region has made it a top pick.
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Maruti crosses 20 million passenger vehicle sales mark
The company accomplished this landmark number in less than 37 years of selling its first car on December 14,1983, when it first rolled out the iconic Maruti 800, Maruti Suzuki India (MSI) said. The company said while it crossed 10 million vehicle sales in nearly 29 years, the next 10 million passenger vehicles were sold in a record time of 8 years.
Toyota may tap Suzuki links to roll out CNG cars
“With BS-VI coming in and small diesel vehicles going out of favour, Toyota may look at introducing CNG vehicles in India,” said a top industry official aware of the plans. “Suzuki already sells CNG vehicles in the country and it could be the basis of discussion between the partners in the future.”
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