Torrent Gas to set up 500 CNG pumps across India by March 2023

  • Within 18 months of its operations, Torrent Gas has set up 100 CNG stations across the country.
File photo of autorickshaws lining up for CNG filling used for representational purpose only
File photo of autorickshaws lining up for CNG filling used for representational purpose only

Torrent Gas Ltd on Tuesday said it will invest 8,000 crore over the next five years in expanding its city gas operations with a target to set up 500 CNG dispensing pumps by March 2023.

Torrent Gas, the city gas distribution arm of Gujarat-based USD 3 billion Torrent Group, holds a city gas licence for selling compressed natural gas (CNG) to vehicles and piped cooking gas (PNG) to industries and households kitchens in 32 districts across seven states.

Also check these Vehicles

Find more Cars
Tata Altroz Cng (HT Auto photo)
Engine Icon1199 cc FuelType IconCNG
₹ 7.55 - 10.55 Lakhs
Compare
View Offers
Tata Punch Cng (HT Auto photo)
Engine Icon1199 cc FuelType IconCNG
₹ 7.09 - 9.68 Lakhs
Compare
View Offers
Tata Nexon Cng (HT Auto photo)
UPCOMING
Engine Icon1199 cc FuelType IconCNG
₹ 9.25 Lakhs
Alert Me When Launched
Maruti Suzuki Baleno (HT Auto photo)
Engine Icon1197.0 cc FuelType IconMultiple
₹ 6.61 - 9.88 Lakhs
Compare
View Offers
Hyundai I20 (HT Auto photo)
Engine Icon1197 cc FuelType IconPetrol
₹ 6.99 - 11.16 Lakhs
Compare
View Offers
Volkswagen Polo 2024 (HT Auto photo)
UPCOMING
Engine Icon999 cc FuelType IconPetrol
₹ 8 Lakhs
Alert Me When Launched

Within 18 months of its operations, Torrent Gas has set up 100 CNG pumps, its director Jinal Mehta said at a virtual event organised to announce the commissioning of 42 CNG stations.

This commissioning took the number of CNG stations under Torrent fold to 100, he said.

Also Read : CNG cars vs electric vehicles: The what, which and why of clean mobility

"Torrent Gas intends to make a total investment of 8,000 crore (USD 1.1 billion) over the next 5 years towards the creation of CGD infrastructure in the country, of which 1,050 crore has already been invested," Mehta said.

Despite the constraints presented by the Covid-19 pandemic, Torrent Gas has been able to set up 100 CNG stations within a relatively short span of time.

"We are now working towards our near-term goal of setting up 200 CNG stations by March 2021 and medium-term goal of setting up 500 CNG stations by March 2023, apart from making PNG widely available to industries and residences in our authorised areas," Mehta said.

City gas distribution projects hold key to achieving the government's vision of raising the share of natural gas in the energy basket to 15 per cent by 2030 from the current 6.2 per cent so as to cut carbon emissions.

Also Read : IGL reduces CNG prices in the national capital, adjoining areas

File photo: Vehicles line up for CNG filling after the government eased the nationwide lockdown.
File photo: Vehicles line up for CNG filling after the government eased the nationwide lockdown.

Speaking on the occasion, Oil Minister Dharmendra Pradhan said CNG pumps should look at becoming energy providers by also selling traditional fuels such as petrol and diesel alongside alternatives like biogas and LNG.

He said the government wants to increase the number of CNG stations in the country from about 2,300 currently to 10,000 in the next four-to-five years. The CNG stations commissioned on Tuesday are located across various states, including 14 in Uttar Pradesh, eight in Maharashtra, six in Gujarat, four in Punjab and five each in Telangana and Rajasthan. Besides, City Gate Stations in Uttar Pradesh, Maharashtra and Punjab were also commissioned.

Also Read : Centre aims to promote sustainable mobility, notifies norms for alternate fuels

Torrent plans to make CNG and PNG available in Chennai, the only metro city where CNG and PNG are yet to reach, Mehta said.

The availability of clean and economical CNG and PNG across the country is a critical step towards energy sufficiency and meeting India's commitment under the Paris Agreement to reduce its emissions.

Along with launching the CNG stations, Torrent Gas has also invested deeply into building awareness about CNG as an economical and environmentally friendly alternative to petrol and diesel.

Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.

First Published Date: 06 Oct 2020, 16:18 PM IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city
Select a dealer

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.