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April 12,2023

CNG Takes the Wheel: Penetration to Surge to 18% by 2027

The Cabinet Committee on Economic Affairs approved a new plan for domestic natural gas pricing. The newly amended structure allowed CNG prices to be reduced by up to 10% across cities and would restrict future substantial price hikes. This step would lead to a surge in the CNG market in India. The Govt has also set aggressive targets to ramp up CNG fueling stations to reignite natural gas usage.

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