Monday, September 15, 2008

LPG and CNG a cheaper source of fuel

Thanks to the US for not waging war on Iran and to the weather that kept the oil consumption low in US. Unlike in the past we don’t see any periodic hikes in fuel prices and World crude oil price continues to hover around $65 per barrel. But how long this price will sustain and we no longer can expect our government to insulate us if the crude oil price again rises. To keep their monthly fuel budget on check already many metro riders opt for LPG/CNG. Though CNG/LPG is not available abudant in India by being an odd one you can get them at a cheaper price. Also, as auto LPG is not subsidised, it is risk free as far as cost escalation due to withdrawal of subsidy (if it comes about) is concerned

LPG/CNG cars in India

Recently, Central Government plans to introduce Auto LPG in Jammu and Kashmir in a big way to protect environment and now morecCompanies are coming out with LPG/CNG versions of their cars. Ford has rolled out Ikon Flair CNG, a dual-fuel variant that can run both on petrol and Compressed Natural Gas (CNG) in March. Mitsubishi offers CNG variant of Lancer sedan. Maruti’s omni LPG is the early entrant featuring LPG and it continues to woo customers. From the experience of omni LPG, Maruti emphatically rolled its wagonR duo last year and as expected it is receiving good response. Maruti’s arch rival Hyundai will launch a CNG variant of santro soon. General Motors India launched the CNG version of its sedan, the Chevrolet Optra in 2006. Tata Motors offers authorised CNG kit fitment at their dealerships for the Indica and Indigo Marina and plans a CNG variant for the recently launched magic by this fiscal end. Tata Motors is also working on LPG offerings on its car range which will be launched soon. Let’s first check what’s hindering many from opting LPG/CNG

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