CNG to underpin demand in Indian city gas sector: ICRA
CNG to underpin demand in Indian city gas sector: ICRA
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Natural Gas News
CNG to underpin demand in Indian city gas sector: ICRA
Summary
This is due to the strong total cost of ownership advantage of CNG vehicles over other technologies. [Image: MGL] by: Shardul Sharma
Compressed natural gas (CNG) is expected to be the key driver of gas demand growth within the city gas distribution (CGD) sector in India, Varun Gogia, assistant vice president and sector head at ICRA, said during a recent webinar. Gogia attributes this growth to the robust registration of CNG vehicles in the country. According to ICRA research, the number of monthly CNG vehicle registrations more than doubled between July 2021 and July 2023...
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