Piped Natural Gas

Mumbai's BMC directs eateries to shift to CNG, piped gas by July or face action

The BMC has issued a directive to local vendors, hotels, restaurants and dhabas not to resort to wood or coal as fuel, and the transition is to be completed by July 8, 2025.

Oil India approves equity contribution of Rs 1,738 crore in JV for North East gas distribution

Oil India holds 49 percent shareholding in NEGDCL, which was incorporated in July this year for the distribution of piped natural gas in the Northeast states.

CNG, piped cooking gas get cheaper in Delhi as Indraprastha cuts prices by up to Rs 6

From tomorrow, CNG will be available in the national capital region for Rs 73.59 per kg, down from Rs 79.56, IGL said in a Twitter post.

NTPC inks pact with Gujarat Gas for blending green hydrogen with piped natural gas

Green hydrogen will be produced by using electricity from the existing 1 MW floating solar project of NTPC Kawas.

Air Quality Commission directs switching over of all industries in Delhi to PNG

The Commission for Air Quality Management in NCR and Adjoining Areas reviewed the progress of switching over of industries operating in Delhi to PNG during a meeting, which was attended by representatives of the city government, the GAIL and the Indraprastha Gas Limited (IGL).

3 Point Analysis | Which gas stocks should you invest in post Q2?

Sakshi Batra does a 3 point analysis on the oil and gas companies that investors should consider adding to their portfolio.

Confident of adding 15-16 pumps by end-FY17: Mahanagar Gas

SM Ranade, CFO of Mahanagar Gas is also confident of margins remaining steady going forward.

Mahanagar Gas increases prices of CNG, PNG

Mahanagar Gas Ltd (MGL) has revised its rates for compressed natural gas and domestic piped natural gas (PNG) upwards from today after the Maharashtra government hiked VAT by 1 per cent to 13.5 per cent.

MGL to expand ops; Maharashtra govt profits from IPO listing

Mahanagar Gas Ltd (MGL), which listed on the bourses today, will expand its operations to areas around the city, a senior official said.

Mahanagar Gas eyes return to profit growth of 7-8% on sales push

Mahanagar Gas (MGL) listed on exchanges today at Rs 540 per share, a 28 percent rise from its issue price of Rs 421 per share. Through the IPO, MGL has raised Rs 1,040 crore with a price band at Rs 380-421.

Gas price cut: CNG,cooking gas prices may fall, says Ind-Ra

The domestic gas price cut will make CNG 44-45% more competitive than diesel, compared with 39% currently, while PNG would become 1-2% more competitive than subsidised LPG, compared with a negative 8% currently

Gujarat Gas cuts PNG, CNG prices; stock slips 6.5%

The company has came out of trade-to-trade segment today.

PNGRB extends bidding to issue licenses for CNG retailing

Of the 20 cities for which Petroleum and Natural Gas Regulatory Board (PNGRB) wanted to issue city gas distribution licenses, 8 did not get any bid while 4 others got single bids at the close of tender on Friday. "Hence, it has been decided to extend the last date for issuance and submission of bids by one month," PNGRB said in a notice.

IGL decides not to revise retail price of CNG, PNG

"Inspite of revision in domestic gas prices announced by the government with effect from November 1, 2014, IGL has decided not to revise the retail price of CNG and domestic PNG in the interest of its consumers in Delhi, Noida, Greater Noida and Ghaziabad," said Narendra Kumar, Managing Director, IGL

Pricing of CNG, PNG is policy matter: HC

"Please keep the courts away from the decisions pertaining to policy matters. Pricing of CNG and PNG will have to be decided by the executives," Justice Manmohan said after the Ministry of Petroleum and Natural Gas (MoPNG) submitted the revised guidelines on the supply of natural gas for transport (CNG) and domestic usages.

Price cut to help boost demand for CNG, PNG: GAIL

In a move that could bring prices of CNG and PNG by as much as 30 percent and 20 percent respectively, the government on Monday said it would divert greater allocation of cheaper domestically-produced natural gas to fuel retailers while cutting off supplies to non-core sectors such as refineries and steel.