Tuesday, September 28, 2021
Home Business CNG-PNG prices likely to be hiked by up to 10% in October

CNG-PNG prices likely to be hiked by up to 10% in October

In metropolitan cities like Delhi and Mumbai, the prices of CNG and PNG is likely to get increased by 10-11% in the month of October. In a report by ICICI Securities, it is said that the gas prices fixed by the government will be increased by about 76%, which will also have an impact on the prices of CNG and PNG. The government uses the rates of gas surplus countries and reviews the natural gas prices every six months for the fields allotted on nomination basis to companies such as state-owned Oil and Natural Gas Corporation (ONGC). The next review of prices is scheduled on October 1.

Read more: Zee Business | Economic Times

Report Post

Avantika Yadav
23, Content Editor @HeadlineEnglish @HeadlineHindi

TRENDING NEWS

LATEST NEWS