The demand for CNG vehicles has been rising significantly in the country. MSIL sold 145,000 CNG vehicles in the first quarter of 2024-25, marking a 28.3 per cent year-on-year (Y-o-Y) growth.
This contrasts with its total vehicle sales of 427,000 units in the first quarter of 2023-24, which grew 1.2 per cent Y-o-Y.
The production of CBG currently faces significant challenges in the country.
These include arranging feedstock, transporting it over distances, and producing organic manure within specific timelines.
To address these challenges, SMC in 2022 signed a memorandum of understanding (MoU) with National Dairy Development Board (NDDB) and Banas Dairy to start a project to produce CBG by refining methane from biogas generated through the fermentation of cow dung.
Denne historien er fra August 22, 2024-utgaven av Business Standard.
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Denne historien er fra August 22, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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