New business model launched for countrywide CNG stations

Petrotech 2019 – the 13th worldwide oil and pure fuel convention and exhibition – was held on the India Expo Mart at Noida through the previous week. On the sidelines of this occasion, Dharmendra Pradhan, minister of Petroleum and Pure Fuel & Talent Improvement and Entrepreneurship, has launched the Supplier Owned Supplier Operated (DODO) mannequin for establishing CNG stations. He launched the overall pointers for the schemes, underneath which your complete earmarked vendor plot shall be developed completely to assist arrange CNG stations and allied industrial actions on the discretion of CGD (Metropolis Fuel Distribution) actions.

The scheme will cowl 87 geographical areas serviced by 23 authorised entities. After the ninth spherical of CGD bidding, greater than four,600 new CNG stations are anticipated to be set-up throughout India in subsequent eight years. The 10th spherical of CGD bidding envisages protecting 50 areas – 124 districts unfold over 14 states – accounting for 24 p.c of India’s space and 18 p.c of its inhabitants. After the 10th spherical of bidding, 53 p.c of the nation’s space and 70 p.c of its inhabitants can have entry to CGD networks. As increasingly CNG stations come up, greater than 10 p.c of them could also be primarily based on the DODO mannequin.

Talking on the announcement, Dharmendra Pradhan stated that India is shifting towards a natural-gas-based economic system, as this gas is cheaper and pollutes much less. The PNGRB (Petroleum and Pure Fuel Regulatory board) has undertaken an unprecedented enlargement of the CGD community. This can result in extra fuel pipelines being laid out, an elevated manufacturing and simpler availability of the fuel, and in addition last-mile connectivity of the infrastructure to supply CNG and PNG to the customers. The minister known as upon buyers and personal gamers, urging them to take part within the progress of a gas-based economic system through the use of the chance offered by means of DODO.

Additionally see:

Volkswagen Group eyeing CNG vehicle market for India

Maruti Suzuki sells 5 lakh CNG-equipped vehicles

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *