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CNG VEHICLES

Draft policy to push CNG, PNG in cities

The policy is part of the Centre’s strategy to ensure a smooth passage in states for the Narendra Modi government’s plan to help 400 districts, covering 70% of the population, breathe easy by providing clean-burning CNG (compressed natural gas) and PNG (piped natural gas) services at an estimated investment of Rs 90,000 crore.

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  • The launch of company's S-CNG vehicle range is aligned to government's vision of reducing oil import and enhancing the share of natural gas in the energy basket of the country from 6.2 per cent now to 15 per cent by 2030, MSI said. The auto major has already sold over 1 lakh BSVI Alto units in the country, it added.

    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

    He informed that Punjab Pollution Control Board has already banned the registration of new diesel/petrol three wheelers in the District of Amritsar, Jalandhar, Ludhiana, Fatehgarh Sahib and Mohali since January 2019.

    AG&P is the largest foreign player in the city gas distribution business after it won licenses to retail compressed natural gas to automobiles and piped cooking gas to households in 12 cities in Andhra Pradesh, Karnataka, Kerala, Rajasthan and Tamil Nadu.

    In a first, state-owned gas utility GAIL India Ltd is ferrying imported LNG in trucks from Gujarat coast to Bhubaneshwar in Odisha as part of a government push for a gas-based economy to reduce emission and carbon footprint.

    Govt aims to raise the share of natural gas in country’s primary energy mix to 15% by 2030 from 6% now.

    Led by a series of new launches, the multiple purpose vehicles (MPV), or family cars, are back. The segment registered 35% growth in 2019 to 2.2 lakh units, with cars priced between Rs 6 lakh and Rs 25 lakh. By contrast, most segments of the automotive market contracted, often in double digits. So, the share of MPVs in India has risen from 5% to 8%.

    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.

    "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.

    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.

    While stating that the government has done its bit to help e-mobility, the company said it was time for manufacturers to work towards reducing EV prices in order to make it viable for personal usage even as new business models in the shared mobility space proving it to be a sound proposition.

    The company availed the lower corporate tax rate announced by the government which resulted in a "gain of Rs 143.12 crore," it said.

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