CNG Prices Hiked By Rs 2.5 Per Kg For 2nd Consecutive Day

135

New Delhi: The price of Compressed Natural Gas (CNG) was hiked by Rs 2.5 per kilogram for the second consecutive day on Thursday.

On Wednesday, CNG prices in Delhi, Mumbai and Gujarat saw steep hikes after the government raised input natural gas prices to record levels. Within a week, there had been a total hike of Rs 9.10 per kg in the total retail cost of CNG.

Natural gas when compressed, becomes CNG for use as fuel in automobiles. The same gas is also piped to household kitchens and industries for cooking and other purposes.

Last week, MGL had announced a reduction in the retail price of CNG by Rs 6 per kg and piped gas by Rs 3.50 per scm, effective April 1 after the Maharashtra government cut VAT on the fuel from 13.5 per cent to 3 per cent.

Comments are closed.

Breaking