CNG Set to Get Cheaper as Finance Minister Removes Excise Duty on Biogas
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News18•01-02-2026, 16:08
CNG Set to Get Cheaper as Finance Minister Removes Excise Duty on Biogas
- •Union Finance Minister Nirmala Sitharaman announced the removal of excise duty on biogas blended CNG in the Budget 2026-27.
- •The move will exclude the value of biogas from central excise duty calculations, potentially making bio-mix CNG cheaper.
- •Experts estimate a price reduction of up to 2-3 rupees per kg for CNG, benefiting CNG vehicle owners and the auto industry.
- •Farmers will gain additional income from biogas plants using farm waste, reducing stubble burning and air pollution.
- •This initiative promotes clean energy, reduces oil import dependence, and accelerates green energy transition towards Sustainable Development Goals.
Why It Matters: Excise duty removal on biogas in CNG will make fuel cheaper, benefit farmers, and boost green energy adoption.
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