CNG prices slashed by Rs 1.30 per kg

SURAT: There is good news for over 2 lakh CNG users in Surat, Bharuch and Ankleshwar. The Gujarat Gas Company Limited (GGCL), a Gujarat Government undertaking has announced the reduction in CNG prices by Rs 1.30 per kilogram with effect from April 2.
However, the new price for CNG has been reduced from Rs 48.30 per kilogram to Rs 47 per kilogram.
The announcement was made by Minister of Energy, Saurabh Patel in Gandhinagar on Wenesday.
The CNG price has been revised following the prices of domestically produced gas was on Tuesday cut by 8 per cent to $5.18 per mmbtu on the net heat value basis. The government had last year notified a formula under which gas prices would be revised every six months based on prices at the various international hubs.