Adani Total Gas cuts CNG price by up to Rs 8.13 per kg, PNG by up to Rs 5.06 per cubic centimeter

In a written press statement, ATGL appreciated the Indian government’s decision to link the APM to 10 percent of the Indian crude basket with a minimum limit of $4 and a cap of $6.5 per mmBtu for CNG vehicles and gas supply to residential homes.

Effect of APM gas prices on PNG, CNG prices

Indian government’s new victory apm gas price formulaATGL said, “In line with our policy of giving priority to our end consumers, ATGL has decided to extend the benefits of the new gas pricing guidelines announced by the Government of India to a larger number of domestic PNG and CNG consumers, thus reducing the cost of domestic PNG and CNG consumers. Increase in number of CNG consumers.Affordability of PNG and CNG with savings of more than 40% for CNG consumers compared to petrol prices and about 15% savings compared to LPG prices for domestic PNG consumers.

On the decision to cut the prices of CNG and PNG, ATGL said, “With effect from midnight today, ATGL has decided to increase the price of CNG by maximum Rs 8.13 per kg and PNG price 5.06 per SCM. The reduction in gas prices in CNG and PNG in our various Geographical Areas (GAs) across the country is provided in the attached table.”

“Apart from reduction in CNG and PNG prices as a result of new gas price guidelines, ATGL is pleased to announce reduction in PNG prices for our industrial and commercial consumers. 3.0 per SCM of its Geographical Area (GA),” ATGL further said.

“This will enable our industrial and commercial consumers to consume natural gas in higher quantities, thus not only contributing towards the environment but also optimizing their product cost,” it said. “ATGL is one of the largest CGD private listed CGD company currently supplying CNG and PNG to ~7 lakh domestic, ~4,000 commercial, ~2,000 industrial customers and over three lakh CNG users across our 460 CNG stations in India. Is.”

On how this new gas pricing move will impact domestic PNG and CNG vehicles, ATGL said that the Government of India’s decision to reform gas prices will act as a growth catalyst to rapidly increase the footprint of domestic PNG and CNG vehicles. will work The share of natural gas in India’s energy basket from 6.5 per cent to 15 per cent by 2030 as per the vision of the Government of India.

MGL cuts prices of CNG, PNG

Earlier, Mahanagar Gas Limited (MGL) has reduced the prices of Compressed Natural Gas (CNG) on 7th April. 8 per kg 79 per kg. Apart from this, the price of piped natural gas (PNG) has also been reduced. 5/SCM to 49/SCM.

(With inputs from ANI)