Torrent Gas reduces CNG and PNG prices

After Gujarat-based Mahanagar Gas and Adani Total Gas torrent of gas it has also cut compressed natural gas (CNG) price up to Rs. 8.25 per Kg and piped natural gas (png) price up to Rs. 5 per scm (standard cubic meter). Consumers can expect savings of up to 47% versus gasoline and up to 28% versus LPG, the company said in a statement.

This reduction in CNG and PNG prices is due to the Union Cabinet's historic decision to revise domestic natural gas pricing guidelines.

Jinal MehtaDirector, Torrent Gas said: "The revised gas price guidelines will help reduce volatility in CNG and national png In-country pricing and the long-term roadmap provided under the revised guidelines will encourage large-scale adoption of domestic CNG and PNG across the country.”

The company said the government's decision to revise domestic natural gas pricing guidelines and the consequent reduction in PNG and CNG prices will provide significant respite to millions of CNG households and vehicle owners. He added that the revised guidelines, which include determining a floor and a cap on gas prices, strike a good balance between the interests of gas producers, user sectors such as CGD, the Fertilizer and Energy sector, and consumers. finals.