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PNG CONNECTIONS GROWTH
Assam CM Himanta Biswa Sarma virtually inaugurates PNG projects in Mangaldai, TezpurAssam Chief Minister Himanta Biswa Sarma inaugurated new natural gas projects to bring piped natural gas to homes and industries, and compr...- Worker shortage clogs up piped gas adoption; 2030 goal seems doubtfulAccording to industry players, the workforce required to install PNG connections does not exist at the scale needed. The shortage has inten...
- One hike, many shocks: Indians can't ignore the Rs 933 LPG cylinder price increaseCommercial LPG cylinder prices have surged by Rs 933, impacting India's small food businesses. This price hike threatens to increase meal c...
- No fuel shortage in Karnataka, oil firms urge public to avoid panic buyingFuel and LPG supplies in Karnataka remain stable. Indian Oil Corporation assures no petrol or diesel shortages. Domestic LPG deliveries are...
- Delhi's energy shift: Higher domestic, declining industrial power consumption; rise in PNG usersDelhi's energy landscape is changing. Domestic electricity users have increased significantly over five years. Industrial power consumers h...
- LPG demand to decline 7% by 2030 on growing piped natural gas adoptionIndia's LPG demand is projected to fall. Piped natural gas (PNG) will replace LPG use. Household LPG consumption makes up 90% of total dema...
- Increase in consumption of PNG amid stabilising prices, says Adani Total GasAdani Total Gas reports a 7% Y-o-Y increase in PNG volume in Q2FY25, driven by stabilization in gas prices, an expanded domestic segment wi...
- Adani Total Gas Q1 Results: PAT jumps 15% YoY to Rs 172 crore, revenue rises 9%Adani Total Gas Q1 Results: Revenue from operations in the reporting period rose 9% year-on-year to Rs 1,239 crore as against Rs 1,135 cror...
- Adani Total Gas shares rally 4% after Q4 results impressAdani Total Gas shares jumped 4% to Rs 969 on BSE driven by a 71% YoY growth in net profit to Rs 168 crore. Revenue also rose 5% YoY to Rs ...
- Adani Total Gas Q3 Results: Net profit rises 18% YoY to Rs 177 croreAdani Total Gas Q3 Results: Revenue from operations rose 5% year-on-year (YoY) to Rs 1,244 crore in the October-December period compared wi...
- Oil regulator to penalise gas companies for failing to meet household demandThe Petroleum and Natural Gas Regulatory Board (PNGRB) is prioritizing consumer protection, and it plans to take strict action against city...
- Share of imported LPG in cylinders risesIndia's LPG import dependence jumped to 64% in 2022-23 from 49% six years earlier as cooking gas consumption expanded 32% while domestic pr...
- India set to overtake China as the world's largest LPG residential market by 2030Driven by environmental and health concerns, the government has also been implementing schemes to help lower-income families cope with the ...
- Record 2.72 lakh new PNG connections provided in FY20: Indraprastha Gas LtdDuring 2019-20, total sales volume grew 9 per cent over the previous year with CNG recording 8.4 per cent growth in volumes and PNG recordi...
- Stock pick of the week: Mahanagar Gas is set to report significant volume growth in coming yrsMahanagar Gas will be a major beneficiary of the prevailing low natural gas prices and is expected to report significant volume growth in t...
- IGL a sure winner from Delhi’s clean fuel thrustCo’s stock has gained 78% so far in 2017
- See volume growth in the range of 7-8% for the rest of the year: Rajeev Mathur, Mahanagar GasMathur said that so far they have given connections to 8.82 lakh household, and they plan to add at least another one lakh connections in M...
- Coming next week: Mahanagar Gas IPO at attractive price of Rs 380-421Mahanagar Gas, the sole supplier of CNG and PNG in Mumbai, has set the price range for its IPO at Rs 380-421. The issue opens for subscript...
- Expect 20-22% volume growth next year: IGLIn an interview with ET Now, Rajesh Ved Vyas, MD, IGL, talks about company's prospect. Excerpts:
- Will continue to build 35 to 40 stations every year: Rajesh Vedvyas Indraprastha Gas LimitedQuite confident that growths in the CNG as well as PNG shall continue, says Rajesh Vedvyas, Managing Director, Indraprastha Gas Limited.
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