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Shortages Hobble India Push for Cleaner Car Fuel Amid Delhi Smog
India is cutting back its supply of cheap gas for vehicles as it struggles to cope with domestic production shortages, a move that could add to toxic air woes in major cities including New Delhi. Supply constraints have left retailers like Indraprastha Gas Ltd. and Mahanagar Gas Ltd. increasingly reliant on more expensive imports — or costly production from new Indian fields, which have proven more technically challenging. Both have begun to raise prices for compressed natural gas, or CNG, which powers cars, buses, taxis and rickshaws across India. New Delhi, one of the world’s most polluted cities, was pushed ... (full story)
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- Posted: Nov 29, 2024 7:52am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 75
