VE Commercial Vehicles signs pact with Baidyanath LNG for deployment of 500 LNG trucks

VE Commercial Vehicles signs pact with Baidyanath LNG for deployment of 500 LNG trucks

Volvo Eicher Commercial Vehicles (VECV) on Tuesday said it has signed an initial pact with Baidyanath LNG Private for the deployment of 500 LNG trucks, a move which would help in developing green trucking routes and scaling up the LNG Corridor in India. As part of this joint collaboration, Union Minister for Road Transport and … Read more

Energy, auto companies bet big on LNG trucks

Energy, auto companies bet big on LNG trucks

Improved road infrastructure and attractive pricing of liquefied natural gas is catalysing energy companies and auto majors to gear up to serve the long-haul LNG trucking segment. To cater to these medium and heavy commercial vehicles, oil marketing companies are planning to expand the compressed natural gas dispensing infrastructure in their fuel retail outlets to … Read more

Niti Aayog moots sops, extension of PLI to LNG vehicles

Niti Aayog moots sops, extension of PLI to LNG vehicles

NEW DELHI: The Niti Aayog has proposed a host of fiscal and non-fiscal incentives, including extension of the production-linked incentive scheme to vehicles run on liquified natural gas and setting up a demand aggregator, to encourage use of LNG in medium and heavy commercial vehicles. This will help lower carbon dioxide emissions and contribute towards … Read more