Meeting Overview
On 22 October 2026, Mr. Abhilesh Gupta, Managing Director and Chief Executive Officer of THINK Gas, met with Mr. Mohan Yadav, the Hon’ble Chief Minister of Madhya Pradesh, in Bhopal to discuss a possible reduction in Value Added Tax (VAT) on natural gas within the state.
Rationale for VAT Reduction
THINK Gas argued that lowering VAT would make piped natural gas (PNG) and compressed natural gas (CNG) more affordable for residential consumers, thereby expanding access for lakhs of households. The company also stated that a reduced tax rate would enhance state revenues through higher consumption, support cleaner mobility, and align with the Prime Minister’s vision of accelerating the LPG‑to‑PNG conversion drive.
Comparative State Experience
The release notes that several neighbouring states have already implemented lower VAT rates on natural gas, which, according to THINK Gas, has led to higher fuel penetration, increased industrial growth, and cleaner mobility in those jurisdictions.
Expected State‑Level Benefits
THINK Gas expects that a rationalised VAT structure would improve the competitiveness of PNG and CNG, stimulate investment, strengthen industrial competitiveness, and contribute to Madhya Pradesh’s broader sustainability and energy‑transition objectives.
Infrastructure Investment Highlights
The company outlined its ongoing projects in Madhya Pradesh, including the development of DPNG (door‑to‑door piped natural gas) connections, expansion of PNG distribution networks, and the establishment of new CNG stations aimed at improving energy accessibility across urban, industrial, and rural areas.
Outlook
THINK Gas expressed appreciation for the Chief Minister’s positive engagement and indicated that continued collaboration with the Madhya Pradesh government is anticipated to further support the state’s clean‑energy transition.