Wednesday, August 17, 2022
Indian Drives
No Result
View All Result
No Result
View All Result
Indian Drives
No Result
View All Result
Home Latest News

Gujarat Consumers to Pay More for CNG Following Price Hike

by indiandrives
in Latest News
0 0
2

Following price hikes for diesel and LPG, consumers in Gujarat will now have to pay more for CNG as well. An oil & gas state run PSU, the Gujarat State Petroleum Corporation announced a hike in prices of CNG on Monday of INR 3.25 per kg that will impact the industry as well as households in Gujarat.

An official from GSPC was quoted as saying that the price hike of INR 3.25kg for CNG will begin from today. CNG will now be available for INR 40.25 per kg across their 110 gas stations in Gujarat. Early last month, the PSU had increased the cost of CNG to INR 37 per kg from the earlier INR 34.45 per kg, which they accounted to non-allocation of the fuel of the Centre’s KG-D6 reserves.

In the last one year itself, the cost of CNG in Gujarat has increased by more than 35%. Adani Gas, a City Gas Distributor, which operates in Vadodara and Ahmedabad, also raised prices of CNG. Others include Sabarmati Gas, GSPC gas and Charotar Gas Sahakari Mandali. This move will have an adverse effect on auto users in Gujarat.

The reason cited for the recent price hike is because of an increase in prices of imported LNG. The cost of LNG is linked to fluctuations in crude price and it was therefore important to hike the cost of the gas for retail users as well, so that it would economically viable. While the PSU has increased prices by INR 3.25 per kg, Adani Gas, a private company has hiked price by INR 2.50 per kg, from the earlier INR 38 to INR 40.50. Another gas supplier, GSPC has increased prices to INR 37 per kg, from the earlier INR 34.45kg in May, 2011. Meanwhile, another distributor, Gujarat Gas has not hikes prices.

An official from the company said that they have not opted for a price hike as of now. This distributor has around 110 CNG stations in the state in comparison to Adani’s 54 stations. Both the companies sell about 500,000 kgs of CNG overall every day, in comparison to the state’s total consumption of 700,000 to 800,000 kgs.

Tags: CNG Price Hike in Gujarathike in prices of CNG
Previous Post

New 2011 Hyundai i20 on the cards by Diwali this year

Next Post

Auto Manufacturers Call for Reforms in Labour Laws

Next Post

Auto Manufacturers Call for Reforms in Labour Laws

Comments 2

  1. Vaibhav Desai says:
    11 years ago

    Thanx for your information..

    Reply
  2. Punit says:
    11 years ago

    Thanks for Information

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Archives

Recent Posts

  • 5th Generation Honda City Variants Explained: Everything You Need to Know
  • 2022 Mahindra Scorpio-N Launched | Price | Variants | Features |
  • How does Hill-Assist Control work? | Hill-Assist Explained |
  • What is ESP? | Electronic Stability Program Explained | ESC | ESP |
  • 2022 Renault Kiger Genuine Accessories | Chrome | Seat Covers | Wireless Charger

Categories

No Result
View All Result

Archives

Categories

Indiandrives.com

© 2021-2022 Indian Drives

Navigate Site

  • Auto Expo 2020
  • Aston Martin
  • Audi
  • Bentley
  • BMW
  • Buyers Guide
  • Car Comparison
  • Chevrolet
  • Driving Tips
  • Events
  • Featured
  • Ferrari
  • Fiat
  • Force
  • Ford
  • Great Wall Motors
  • Harley Davidson
  • Honda
  • Hyundai
  • Isuzu
  • Jaguar
  • Kia
  • Koenigsegg
  • KTM
  • Lamborghini
  • Latest Cars
  • Latest News
  • Lexus
  • Mahindra
  • Maruti Suzuki
  • Maserati
  • Mercedes Benz
  • MG Motor
  • Mitsubishi
  • New Car Reviews
  • Nissan
  • Peugeot
  • Porsche
  • Range Rover
  • Renault
  • Rolls Royce
  • Skoda
  • Tata
  • Test Drive
  • Auto Expo 2020
  • Toyota
  • Kia
  • Upcoming Cars
  • MG Motor
  • Used Car Reviews
  • Volkswagen
  • KTM
  • Volvo
  • Isuzu
  • Harley Davidson
  • MG
  • Great Wall Motors

Follow Us

No Result
View All Result

© 2021-2022 Indian Drives

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In