After IGL, MGL, Gail Gas cuts CNG, PNG prices; Check Revised Prices Here

The company said, “GAIL Gas Limited is also further streamlining its pricing mechanism in line with the Government of India’s guideline to pass on the new domestic gas pricing benefits to its customers and announced a substantial reduction in prices from April 9, 2023.” Is it.”

GAIL Gas has cut the price of gas supplied to households through Piped Natural Gas or PNG. 7 per standard cubic meter in Bengaluru and Dakshina Kannada and by 6 per scm in other cities where the company operates. Similarly, the price of CNG has been cut 7 per kg in Karnataka and by in 6 other regions, the company said in a statement.

Here are the revised PNG and CNG prices

The new effective domestic PNG prices are 52.50 per SCM in Dewas, Meerut, Sonipat, Taj Trapezium Zone, Raisen, Mirzapur, Dhanbad, Adityapur and Rourkela, and 51.50 per SCM for Bengaluru and Dakshina Kannada.

new price of cng Rs 85 per kg for Meerut and Sonipat; Rs 92 per kg for Dewas, Taj Trapezium Zone and Dehradun; Rs 82.50 per kg for Bengaluru and Dakshina Kannada; 87 per kg for Mirzapur, 91 per kg for Raisen, Dhanbad, Adityapur, Puri and Rourkela.

The Union Cabinet has approved on Thursday Revised Guidelines For domestic gas pricing, in a significant decision natural gas prices have been fixed at 10 per cent of the monthly average of the Indian crude basket.

Addressing a press conference after the Union Cabinet meeting, Information and Broadcasting Minister Anurag Thakur said that monthly notifications will be implemented to ensure stable pricing in the regime and to provide adequate protection to producers against adverse market fluctuations. Will be done This is after the government revised the pricing formula for natural gas, which is converted into CNG for running automobiles and piped into household kitchens for cooking purposes. The revised formula and the imposed cap or ceiling price have reduced the price of natural gas from US$8.57 to US$6.5 per million British thermal unit.

“The objective of the new guidelines is to establish a stable pricing regime for domestic gas consumers while providing incentives to the consuming industries and CGD sector as well as providing adequate protection to the producers from adverse market fluctuations. will accelerate the expansion of CNG and PNG, and will also contribute to reducing the carbon footprint,” the statement said.

on April 7 after the order Mahanagar Gas Reduce the price of Compressed Natural Gas (CNG) 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.

prior to that, Indraprastha Gas Limited (IGL) has also cut the prices of CNG and PNG in Delhi. CNG will now be costlier in Delhi below 73.59 per kg 79.56, IGL has reduced the prices of CNG which will be applicable from 9th April. CNG will now be costlier in Delhi Rs 73.59 per kg Rs 77.20 per kg in Noida, Greater Noida and Ghaziabad 82.62 per kg in Gurugram. With the fall in prices, rates of domestic cooking gas, called piped natural gas (PNG), have been cut. Rs 48.59 per standard cubic meter in Delhi 53.59 per scm, IGL said.

Adani Total Gas Limited also cut the price of CNG 8.13 per kg and up 5.06 Reduction in piped cooking gas. PNG, excluding taxes, will now be costlier 46.84 per SCM, below 51.90. Its price in Ahmedabad will be 49.83 per SCM against 53.90 ago. CNG will cost 72.03 per kg in Vadodara and Rs. compared to 73.29 in Ahmedabad 79.33 more 79.34 ago

The company said in a statement that rates for piped cooking gas, known as PNG, have been reduced in Vadodara, Ahmedabad and other cities in Gujarat where it operates. PNG prices have been cut in Khurja in Uttar Pradesh and Faridabad and Palwal in Haryana. CNG prices have been reduced in 21 cities where it operates. These include Vadodara in Gujarat to Cuddalore in Tamil Nadu, Udaipur in Rajasthan and Bhind in Madhya Pradesh.

Apart from these, Torrent Gas has also reduced the prices of CNG by up to 10%. Rs 8.25 per kg and hike in piped cooking gas prices 5 following the government’s move to reduce input natural gas prices. Torrent Gas has a license to operate a city gas network for the retail sale of CNG for automobiles and piped natural gas, called PNG, for domestic cooking in 34 districts across the country, including Chennai and Jaipur.

(with inputs from agencies)