By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: No material price impact on CBG with revised offtake framework, ensures plants operate sustainably: Govt.
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » No material price impact on CBG with revised offtake framework, ensures plants operate sustainably: Govt.

India News

No material price impact on CBG with revised offtake framework, ensures plants operate sustainably: Govt.

India Times Now Desk
Last updated: August 29, 2026 4:18 pm
India Times Now Desk
Published: August 29, 2026
Share
SHARE


Addressing concerns about compressed biogas (CBG) becoming increasingly expensive with the revised offtake price, the Union Petroleum Ministry assured the pricing cushioned with government-funded support and stacking with a substantially wider gas pool would avert any material price impact.

The Union Cabinet August 6 approved the GOBARdhan scheme that introduced CBG offtake price of ₹2,110 per metric million British thermal unit (MMBTU).

Responding to a media report, it added that the revised pricing framework seeks to provide CBG producers with a “stable and viable” price that would enable them to operate “sustainably”.

The ministry clarified that full offtake price would not be recovered through gas consumers.

It explained that the government would provide an affordability cushion of ₹10 per kilogram of CBG – which equates to about ₹215 per MMBtu of CBG with 95% methane content.

Effectively, with the financial support, the cost of CBG would stand at ₹1,895 per MMBtu.

This would be approximately 28% higher than the prevailing price of ₹1,478 per MMBtu.

The Petroleum Ministry also argued that CBG is not sold at the procurement price to city-gas distributors. It is pooled with other domestically produced natural gas, and the cost is spread based on the proportionality in the domestic gas pool.

Previously, the cost of CBG was spread across a limited quantity of the administered price-mechanism gas allocated to the CNG (transport) and PNG (Domestic) segments.

“Under the new framework, the net cost of CBG will be spread across a domestic gas base approximately 2.5 to 3 times larger than the earlier base,” it stated, adding, “Due to the spreading of CBG cost on a much larger gas pool, the price impact on an individual gas consumer will be negligible.”

Published – August 29, 2026 09:48 pm IST



Source link

Councillor, two others, booked for assaulting autorickshaw drivers in Vellore
Uncle sentenced to 10-year RI for raping minor
Auto LPG shortage further hits Bengaluru autorickshaw services
Chandrababu Naidu reviews Rajamahendravaram deaths, Jagan demands stringent action
IED found in Meghalaya’s Umsning market, defused safely
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

CM Suvendu Adhikari meets victims of Sundarbans Trawler capsize, calls for stepping up disaster management preparedness

India Times Now Desk
India Times Now Desk
July 26, 2026
Coca-Cola, CVS Health, Ferrari, Taiwan Semi and more
West Bengal elections: Names of 13 lakh Bengal voters under adjudication deleted, say sources
Woman allegedly kills daughter, found dead in Whitefield
Tirupati Airport plans special feedback drive on September 17
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?