India faces a severe CNG supply shortage, pushing prices up and threatening efforts to reduce air pollution in cities like Delhi. The rise in costs may shift consumers back to petrol and diesel
New Delhi, one of world's most polluted cities, was pushed into CNG well over 2 decades ago after a Supreme Court ruling that demanded conversion of all public buses to cope with worsening air quality
90% of firm's sales in the category comes from 10 states
Hyundai Motor India Ltd is betting big on CNG fuel option with sales of models equipped with the technology witnessing increasing demand across rural and urban markets in the country, according to a top company official. The company, which currently offers CNG option in its three models -- Grand i10 NIOS, AURA and EXTER -- has seen an increase in contribution of the CNG models to its domestic sales to 11.4 per cent in FY24 from 9.1 per cent in FY22. So far in the April-October period this fiscal, the contribution of CNG models to the company's domestic sales has risen to 12.8 per cent. Its overall vehicle sales across different fuel options stood at 3.54 lakh units in the domestic market during the period. "At present, India already has more than 7,000 CNG stations and aim is to have approximately 17,500 CNG stations by 2030 which will further fuel the CNG demand," HMIL Whole-time Director and COO Tarun Garg said on the reasons behind the company's bullishness on CNG models. With a
The new Swift CNG has been launched in India with a starting price of Rs 8.19 lakh. The carmaker discontinued diesel models and aims to sell over six lakhs in FY 2024-25
While OEMs are upbeat on the upcoming festive season sales, analysts peg the overall growth in PV sales for FY25 to be flat at 0.8 percent or so
The share of CNG in the overall passenger vehicle market increased from 13.63 percent in June 2023 to 18.5 percent in June 2024
The automaker's earnings soared to Rs 3,759.7 crore, up from Rs 2,542.9 crore in the April-June quarter of the previous year. That surpassed Bloomberg's consensus forecast of Rs 3,272 crore
CNG price in the national capital and adjoining cities was on Saturday hiked by Re 1/kg on the back of reduction in domestic gas supplies. CNG price was hiked from Rs 74.09 to Rs 75.09 per kg, while in Noida, Greater Noida and Ghaziabad the rate went up from Rs 78.70 to Rs 79.70 per kg, according to information posted by IGL on its website. Other city gas suppliers have not changed the prices yet.
After city gas retailers in Mumbai and Delhi reduced CNG prices, Torrent Gas on Saturday announced a Rs 2.50 per kg reduction in compressed natural gas (CNG) prices across all its locations. "This makes CNG cheaper by up to 45 per cent vis a vis petrol and up to 37 per cent vis a vis diesel," the company, which has a city gas license to sell CNG to automobiles and piped cooking gas to households in 34 districts, said in a statement. "This reduction in prices of CNG has been done with an objective of promoting the usage of clean fuel and enhancing the ecosystem of natural gas." Mahanagar Gas Ltd, the city gas operator in Mumbai and its adjoining areas, on March 6, announced a Rs 2.5 per kg reduction in CNG price. Accordingly, the revised CNG price will be Rs 73.50 per kg. "MGL's CNG price now offers attractive savings of 53 per cent compared to petrol and 22 per cent compared to diesel at current price levels in Mumbai while delivering unmatched convenience, safety, reliability and
Indraprastha Gas Ltd, India's leading CNG retailer, has reported a 41 per cent jump in third quarter net profit, as the firm recorded higher sales of CNG to automobiles and piped cooking gas to households and industries. The company clocked a net profit of Rs 392.07 crore in October-December - the third quarter of current fiscal that started in April 2023 - compared to Rs 278.26 crore in the same period in the previous year, it said in a statement. IGL operates city gas distribution (CGD) networks across 30 districts in 11 geographical areas across four states of Delhi, Uttar Pradesh, Haryana and Rajasthan. The company said it "registered an overall sales volume growth of 4 per cent over the corresponding quarter in the last fiscal, with the average daily sales going up to 8.48 million standard cubic meters per day from 8.12 mmscmd." "Product wise, CNG recorded sales volume growth of 4 per cent in the quarter, while piped natural gas (PNG) recorded sales volume growth of 5 per cent
Delhi Environment Minister Gopal Rai on Saturday urged the Centre to permit only CNG, electric, and BS VI-compliant vehicles in Delhi-NCR to combat vehicular pollution. In a letter to Union Environment Minister Bhupender Yadav, he expressed concerns about the expected deterioration in air quality in the coming days due to Diwali and stubble burning in neighbouring states. "Therefore, an emergency meeting should be convened with NCR states to address the issue," he said. Starting from November 1, only electric, CNG, and BS VI-compliant diesel buses are allowed to operate between Delhi and the cities and towns in Haryana, Uttar Pradesh, and Rajasthan that fall within the National Capital Region (NCR), according to directions issued by the Centre's Commission for Air Quality Management (CAQM). Rai suggested that the Centre should also implement a ban on all vehicles non-compliant with BS VI norms in the entire National Capital Region. Various emission inventory and source apportionme
A central air quality panel announced on Friday that starting November 1, only electric, CNG and BS VI-compliant diesel buses will be allowed to operate between Delhi and cities and towns in Haryana, Uttar Pradesh and Rajasthan falling within NCR. This measure aims to combat air pollution caused by diesel-powered buses operating in the region, with the ultimate goal of transitioning to electric vehicles. The announcement was made by the Commission for Air Quality Management (CAQM) In an effort to reduce pollution levels, the Centre had announced in April 2020 that all vehicles sold in India must comply with Bharat Stage-VI (BS-VI) emission standards. Bharat Stage emission standards set legal limits on the amount of air pollutants, such as carbon monoxide and particulate matter, that vehicles in India can emit. These standards focus on improving emission control, fuel efficiency, and engine design. As vehicle manufacturers provide vehicles that meet these new norms, oil companies .
Toyota has launched Rumion MVP in India with a starting price of Rs 10.29 lakh. Booking for the Rumion has begun and the delivery will start on September 8
Currently, Tata offers its Tiago, Tigor, and Altroz with a CNG option. With its CNG vehicles, Tata is betting on the mass market that looks for affordable fuel options
With regulated prices and its designation as a 'clean fuel', this segment of the transport industry could accelerate
It is a 'decade of transition' for the industry and companies will have adapt to changes quickly: Shailesh Chandra
The Altroz CNG comes with Tata's dual-cylinder set-up and is the only CNG car to be sold with a sunroof
Maruti Suzuki India on Friday said it has launched two CNG powertrain options of its mid-sized SUV Grand Vitara, priced at Rs 12.85 lakh and Rs 14.84 lakh (ex-showroom Delhi). The country's largest carmaker said the CNG trims come with a five-speed manual gearbox with a fuel efficiency of 26.6 km/kg. The 1.5 litre gasoline-powered variants of the car are priced from Rs 10.45 lakh to Rs 19.49 lakh. "The introduction of the S-CNG option further expands the appeal of the Grand Vitara. The Grand Vitara S-CNG will contribute to our aggressive plan to widen our green-powertrain offerings, expanding to 14 models," Maruti Suzuki India Senior Executive Officer Marketing & Sales Shashank Srivastava said in a statement. The Grand Vitara S-CNG can also be owned through Maruti Suzuki Subscribe at an all-inclusive monthly subscription fee starting from Rs 30,723, the company stated.
Initial acquisition cost of hybrid models to be on a par with diesel ones