CNG price in the national capital is cut by a steep Rs 14.90 per kg and cooking gas piped into kitchens by Rs 5 per unit with effect from midnight tonight.
After rolling out five compressed natural gas models last year, India's largest passenger car maker, Maruti Suzuki India Ltd, is mulling a CNG platform for all its makes.
CNG and piped cooking gas prices in cities such as Delhi and Mumbai may be hiked by 10-11 per cent next month as the government-dictated gas price is set to rise by about 76 per cent, ICICI Securities said in a report. The government, using rates prevalent in gas-surplus nations, fixes the price of natural gas produced by firms such as state-owned Oil and Natural Gas Corp (ONGC) from fields given to them on nomination basis, every six months. The next review is due on October 1.
The Lucknow-Delhi Green Corridor will traverse Bareilly, Moradabad, Rampur and Ghaziabad. GAIL India Limited will be the implementing agency of the project.
High courts should replicate for states what the Supreme Court has done for Delhi's environment, says M J Antony.
The price of Compressed Natural Gas (CNG) may be hiked by up to Rs 2 per kg in the next few days as rupee devaluation has pushed up input cost.
Mumbai sources all of its gas requirement from domestic fields and as such there will be no cut in rates in the city.
The move is a part of the company's plans to expand its portfolio of eco-friendly vehicles, which could see other models such as Alto, Eeco, Estilo and SX4 also powered by CNG fuel, industry sources said.
After months of a bitter row over legalities of Indraprastha Gas Ltd's operations in the National Capital Territory, the oil regulator has authorised the company to retail CNG (compressed natural gas) to automobiles and piped gas to households.
The company will launch the autos in Hyderabad within three months.
Mahindra & Mahindra will launch the compressed natural gas-powered variant of its Logan car at around Rs 5.20 lakh, in an attempt to spruce sales of the entry-level sedan.
Days after a Rs 3 per litre rise in petrol prices, it is the turn of compressed natural gas. Indraprastha Gas (IGL), monopoly marketer of CNG in and around this metropolis, is looking at raising the price by up to six or seven per cent (Rs 2 per kg) sometime next week, due to higher cost on account of a weakening rupee.
This means the already-minuscule sale of retrofitted CNG variants of Aveo, Logan, Accent, Santro, Corolla Altis and Innova is set to take a hit.
This gas is sold at government controlled rates, with about 50 mmscmd allocated to power and fertilizer units.
The government also withdrew the five per cent VAT on compressed natural gas besides bringing back the VAT for tea, coffee and cocoa to five per cent from the proposed 12.5 per cent.
Manufacturers of compressed natural gas (CNG) kits are stepping up production to meet the expected surge in demand in the coming months.
Property developers are setting up their own mini-power plants to meet captive requirements of the malls or residential complexes they are building. Electricity generated from these power plants, which will use compressed natural gas (CNG) as fuel, will be 40 per cent cheaper than state electricity board supplies, making it an attractive investment option rather than a perceived additional cost.
The Standing Committee on Emission Regulation - under the Ministry of Shipping, Road Transport & Highways - today approved addition of hydrogen to CNG (compressed natural gas) for use in vehicles. The proposal is to use CNG with 20 per cent hydrogen content.
Maruti Suzuki, India's largest car company by sales, is working on an ambitious plan to launch electric cars and compressed natural gas variants for three or four models in the domestic market.
IGL had this month raised compressed natural gas (CNG) prices in the national capital by Rs 1.25 per kilogram to Rs 29 per kg and piped cooking gas to Rs 26 per cubic meter, as it bought more of imported LNG to meet the rising demand.
Amid indication that prices of compressed natural gas (CNG) may go up in Delhi, the Bharatiya Janata Party (BJP) said if the hike is allowed, it would compound the problem of the common people who are already hit hard by price rise.
MGL said in spite of gas cost doubling, its selling prices have increased by only 28 per cent for CNG and 30 per cent for PNG.
IGL's share price has taken a beating at the stock exchanges.
The CNG Santro (XK, non-AC) has been priced at Rs 325,361 (ex-showroom, New Delhi). Prices of its other variants of CNG Santro were not immediately known.
The postal service is going green and the process has already started in the Ahmedabad region.
The collision was mainly between the bus and the tanker but also involved some other vehicles.
Bangalore adds more vehicles than Delhi each day -- over 1,000. It has less road space than Delhi and more green space. The future the city has is ugly and hopefully not inevitable.
The reduction in natural gas prices would mean lower raw material cost for compressed natural gas (CNG) and natural gas piped to households (PNG).
The country's second-biggest bike maker Bajaj Auto today said it will launch CNG
State-run gas firm Gas Authority of India Ltd on Tuesday signed an agreement with Spectra International Ltd of Bangladesh to identify possibilities of joint cooperation in compressed natural gas infrastructure development projects and gas retailing i
State-run gas utility GAIL India and state refiner Bharat Petroleum Corp Ltd have floated a joint venture company to supply piped natural gas for domestic and commercial use
Indian Railways have developed and tested a kit with which diesel engines can run on CNG, Rajya Sabha was informed on Friday.
Union oil and petroleum minister Ram Naik will travel to Tehran to discuss the prospect of importing liquefied natural gas and to boost bilateral cooperation in the energy sector.
Indraprastha Gas Ltd, whose initial public offer of 4 crore equity shares opens on Friday, plans to expand supply of compressed natural gas to automobiles in Delhi's adjoining cities like Noida, Greater Noida, Gurgaon and Faridabad.
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