COMPRESSED NATURAL GAS
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.
LNG pumps being planned along golden quadrilateral
State-run GAIL is putting together a plan and persuading all possible participants – city ...
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...
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.
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.
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.
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.
Auto LPG body seeks GST cut, level playing field to spur usage
The Indian Auto LPG Coalition (IAC) wants the government to treat auto LPG at par with any other clean fuel like CNG.
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.
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%.
Oil Ministry eyes Rs 6,000-crore viability gap funding for Northeast gas grid project
Indradhanush Gas Grid plans to lay 1,600-km northeast gas grid at a cost of about Rs 10,000 cr.
Can’t afford to ban vehicles run on fossil fuel: Dharmendra Pradhan
Government has no plans to ban the sale of fossil fuel-driven vehicles as India cannot afford to do so.
CNG price in Delhi hiked by 90 paise, 7th increase since April'18
This is the 7th increase in CNG prices since April 2018.
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