CNG, PNG prices cut, check new rates of Delhi, Mumbai, Noida, Gurgaon, and Lucknow!

Adani Total Gas Limited (ATGL) has cut CNG price by Rs 8.13 per kg and PNG by Rs 5.06 per cubic meter with effect from April 8. Adani Total Gas Limited (ATGL) has welcomed the Government of India. The historic decision to add Administered Price Mechanism (APM).

The price for the supply of gas to CNG vehicles and residential households is 10 percent of the Indian crude basket with a ceiling of $4 and $6.5 per mmBtu, said a press statement from Adani Total Gas Ltd (ATGL).

Latest Price:

Delhi- CNG price in Delhi will be reduced by Rs 6 (from Rs 79.56 per kg to Rs 73.59).

In addition, the price of piped natural gas will be reduced from Rs 53.59 to Rs 47.59 per thousand cubic meters, a reduction of Rs 6 per thousand cubic meters.

Mumbai- CNG will be cheaper by Rs 8 per kg in Mumbai. PNG price will come down from Rs 54 to Rs 49 per scm, while CNG price in the city will come down from Rs 87 to Rs 79 per kg.

Bengaluru – CNG will be cheaper by Rs 6 per kg while PNG will be cheaper by Rs 6.5. The latest CNG price is 83.5 and PNG is 52.

ATGL believes that this historic decision by the Government of India to reform gas prices will act as a growth catalyst to rapidly increase the footprint of domestic PNG and CNG vehicles, thereby ensuring an increase in the share of natural gas from 6.5 percent Can go 15 percent of India's energy basket by 2030, in line with the vision of the Government of India.

The substantial reduction in CNG and PNG prices will provide much-needed relief to a large number of users of both CNG and PNG in the country and in ATGL GAs.