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CNG price hiked to Rs 86 per kg in Mumbai, piped gas to Rs 52 per unit
Compressed Natural Gas (CNG) prices have increased by Rs 2 per kg in the Mumbai Metropolitan Region, taking the new rate to Rs 86 per kg. Piped cooking gas will also see a 50 paise per unit hike. This rise is attributed to global energy supply chain disruptions and increased procurement costs.
Oil marketing companies losing nearly 700 per domestic LPG cylinder, says government
NEW DELHI: Oil marketing companies are still incurring an under-recovery of nearly Rs 700 on every domestic LPG cylinder despite the Rs 29 increase in the price of cooking gas refills, the government said on Sunday. Despite a global surge in energy prices following the West Asia conflict and the benchmark Saudi CP rising nearly 46% — from $543 a tonne before the disruption to $775 a tonne in May — the government said it had moderated the effective price paid by domestic consumers and kept it...
'Vishwaguru can't shield its own citizens': Oppn slams Centre over Rs 29 LPG price hike
Opposition parties slammed the Centre after domestic LPG cylinder prices were increased by Rs 29, accusing the PM Modi's government of adding to the financial burden on households already grappling with inflation. The latest revision has pushed the price of a 14.2-kg domestic LPG cylinder in Delhi to Rs 942 from Rs 913. The increase comes nearly three months after a Rs 60 hike announced in March amid rising global energy prices linked to the ongoing conflict in the Middle East.
Fuel-saving push, rising costs: Is public transport affordable enough?
As fuel prices remain vulnerable to global events and governments continue urging citizens to use public transport, a practical question arises: how affordable is public transport in India today? While buses, metros and local trains are generally far cheaper than private vehicles, commuters often face additional costs such as last-mile connectivity, multiple transfers and longer travel times. An examination of fares across major Indian cities shows that while public transport remains the...
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One vehicle, two fuels: India bets big on flex-fuel revolution - what is it?
India’s push for flex-fuel vehicles can help meet twin national goals of cutting crude oil imports and reducing carbon emissions, but will require a full supporting ecosystem from fuel availability to wider model launches, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Thursday. Speaking at the launch of the company’s first flex-fuel car, Wagon R, Takeuchi said the technology offers benefits that extend beyond the automobile sector, supporting farmers, ethanol producers and the...
LPG gets Rs 29 costlier: Check latest cylinder rates in Delhi, Mumbai and other cities
Household budgets are set to see another increase as domestic cooking gas prices have been raised by Rs 29 per cylinder, marking the second revision in three months as global energy costs continue to soar. From Sunday, June 7, the price of a 14.2-kg LPG cylinder in Delhi has increased to Rs 942 from Rs 913 earlier. The latest increase follows a Rs 60-per-cylinder hike announced on March 7, after the conflict in the Middle East disrupted global energy supplies and drove up international fuel...
Centre cuts subsidised LPG cylinders for Ujjwala beneficiaries from 9 to 4
The Centre on Monday reduced the number of subsidised cooking gas cylinders available annually to beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) from nine to four aligning the support with average household consumption levels, a senior government official said. Under the flagship scheme launched in May 2016, beneficiaries were initially entitled to 12 subsidised 14.2-kg LPG cylinders every year. The quota was reduced to nine cylinders last year and has now been cut further to four.
India expands ethanol map: 5,000 fuel stations planned by 2027 end
India is set to hit the accelerator on its ethanol drive, laying the groundwork for a wider ethanol fuel network as it looks to cut down dependence on imported fossil fuels. Under the plan, ethanol dispensing stations will begin appearing in several cities, with the network set for a sharp expansion over the next two years. Petroleum and natural gas minister Hardeep Singh Puri said that the rollout will start with 50-100 ethanol fuel stations across Delhi-NCR, Pune, Mumbai and Nagpur.