Leading The Shift Towards Mass Adoption Of LNG Trucks
Commercial Vehicle|October 2024
With LNG policy, pricing, infrastructure and the recent launch of Tata Prima 5530.S LNG in focus, the mass adoption of LNG trucks for sustainable green logistics is more crucial than ever before, writes Ashish Bhatia.
Ashish Bhatia
Leading The Shift Towards Mass Adoption Of LNG Trucks

Recent developments in LNG infrastructure enhance its viability as a long-haul fuel option. The goal is to boost LNG infrastructure and support India’s energy transition toward sustainable and green logistics. According to a recent study by the US Energy Information Administration, India’s LNG industry is set to triple its natural gas consumption by 2050. Indian natural gas consumption is projected to grow at an annual rate of 4.4 per cent, significantly outpacing China’s projected growth rate of two per cent. This positions India as the fastest-growing market for natural gas, with an anticipated investment of Rs. 7.8 lakh crore in this sector.

Up to 73 million metric tonnes of petroleum products could potentially be replaced by natural gas. This growth will necessitate a significant increase in both domestic natural gas supply and imports in the coming years to support LNG-based transportation. The government’s target to increasing the share of natural gas in energy mix to 15 per cent by 2030 is expected to help India reduce its dependency on oil, influenced by economic factors and energy dynamics.

THE CRITICAL ROLE OF LNG TRUCKS

Truck OEMs are chalking out their decarbonisation strategies. and establishing their priorities to meet the goals that the government of India has set. Environmentally, LNG trucks are known to offer about 23 per cent lower emissions compared to diesel. However, the economic advantage can vary based on specific conditions and market factors. Looking ahead, the importance of geopolitical factors, supply constraints, and increasing demand, particularly from India, China, and other Asian countries can’t be stressed enough. India must focus on enhancing its gas industry infrastructure to effectively utilise the expected demand growth of which LNG-based transportation will be a crucial subset in the next decade. No wonder, countries the world over are incentivising the use of LNG trucks.

Diese Geschichte stammt aus der October 2024-Ausgabe von Commercial Vehicle.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 2024-Ausgabe von Commercial Vehicle.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS COMMERCIAL VEHICLEAlle anzeigen
100Th JK Truck Wheels Shop
Commercial Vehicle

100Th JK Truck Wheels Shop

JK Tyre & Industries reached a major milestone by inaugurating its 100th JK Truck Wheels brand shop in India, reinforcing its leadership in the Truck Bus Radial (TBR) segment and commitment to commercial vehicle solutions.

time-read
1 min  |
January 2025
Bhopal Gas Tragedy: The Long Road To Disposal
Commercial Vehicle

Bhopal Gas Tragedy: The Long Road To Disposal

Four decades later, 337-tonne of toxic waste in addition to 1.1 million tonnes of contaminated soil inches slowly towards disposal, writes Ashish Bhatia.

time-read
3 Minuten  |
January 2025
India Is Fighting Fit
Commercial Vehicle

India Is Fighting Fit

In 2024, India's defence sector witnessed substantial developments in vehicle modernisation, infrastructure enhancement, and strategic partnerships, writes Ashish Bhatia.

time-read
4 Minuten  |
January 2025
Tata Motors flags off ebuses for staff transportation from Pantnagar
Commercial Vehicle

Tata Motors flags off ebuses for staff transportation from Pantnagar

Tata Motors flagged off a fleet of ebuses for staff transportation at its Pantnagar plant in Uttarakhand.

time-read
1 min  |
January 2025
Fleet Operator POV
Commercial Vehicle

Fleet Operator POV

Private bus transport operators called for better infrastructure, fairer taxes, and policy reforms to strengthen public transport, writes Upendra Kasbekar.

time-read
5 Minuten  |
January 2025
Mahindra Tractor MoU with PNB
Commercial Vehicle

Mahindra Tractor MoU with PNB

Mahindra Tractors, a division of Mahindra & Mahindra Ltd.'s Farm Equipment Sector, has signed an MoU with Punjab National Bank (PNB) to provide Channel Finance solutions to its dealers, enhancing working capital management, inventory streamlining, and business growth.

time-read
1 min  |
January 2025
Eicher Pro X: The Expert Truck
Commercial Vehicle

Eicher Pro X: The Expert Truck

Eicher's much-awaited foray into the two-to-3.5-tonne SCV segment is driven, incorporating real-world feedback and reverse engineering to meet customer demands at the state-of-the-art manufacturing plant in Bhopal, writes Ashish Bhatia.

time-read
7 Minuten  |
January 2025
Expansion of Metro rail network
Commercial Vehicle

Expansion of Metro rail network

Metro rail has a direct bearing on public and private transportation.

time-read
1 min  |
January 2025
John Deere's Autonomous Leap
Commercial Vehicle

John Deere's Autonomous Leap

John Deere's CES launches underscore its commitment to real-world customer solutions. It is addressing the critical labour shortage and operational efficiency challenge, writes Upendra Kasbekar.

time-read
5 Minuten  |
January 2025
Global VC firm Accel raises early-stage fund
Commercial Vehicle

Global VC firm Accel raises early-stage fund

Global venture capital firm Accel has raised a USD 650 million early-stage fund to support startups in India and Southeast Asia.

time-read
1 min  |
January 2025