Private Firms Increase CNG Prices Following Gas Cost Surge
CNG prices hiked by private firms after gas cost rise
The Economic Times
Image: The Economic Times
Private city gas distributors across India have raised compressed natural gas (CNG) prices by ₹1-4 per kg due to a rise in domestic natural gas prices. Notably, Indraprastha Gas, which serves the Delhi-National Capital Region, did not increase its rates.
- 01CNG prices increased by ₹1-4 per kg across various regions in India.
- 02Adani Gas raised prices by ₹1.5 per kg in Gujarat.
- 03Torrent Gas increased rates by ₹2.5 per kg in Rajasthan and other markets.
- 04Think Gas raised prices by ₹2.5-4 per kg in northern and southern India.
- 05Indraprastha Gas did not raise prices in the Delhi-National Capital Region.
Advertisement
In-Article Ad
Private city gas distributors in India have increased the prices of compressed natural gas (CNG) by ₹1-4 per kg following a rise in domestic natural gas prices at the beginning of April, driven by higher global oil and gas prices. Adani Gas has raised its prices by ₹1.5 per kg in Gujarat, while Torrent Gas has implemented a ₹2.5 per kg increase in Rajasthan and other markets. Think Gas has also raised its prices by ₹2.5-4 per kg across regions in northern and southern India. However, Indraprastha Gas, which operates in the Delhi-National Capital Region, has opted not to follow suit in raising its CNG prices, maintaining its current rates despite the overall trend in the market.
Advertisement
In-Article Ad
The increase in CNG prices will likely lead to higher transportation costs for consumers, which may affect daily commuting expenses and overall fuel costs.
Advertisement
In-Article Ad
Reader Poll
How do you feel about the recent increase in CNG prices?
Connecting to poll...
Read the original article
Visit the source for the complete story.