Adani Gas reduces CNG, PNG prices in Ahmedabad, Vadodara

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Press Trust of India Ahmedabad
Last Updated : Feb 18 2014 | 7:39 PM IST
Adani Gas Ltd today reduced prices of Compressed Natural Gas (CNG) by Rs 12 per kg and Piped Natural Gas (PNG) by Rs 5 per standard cubic meter (SCM) for its consumers in Ahmedabad and Vadodara.
The private firm, a major supplier of gas in the two of the biggest Gujarat cities, slashed the prices under the new guidelines issued by the Centre.
The revised prices, effective from midnight tonight, comes as a major relief for over 1.5 lakh CNG vehicle users and 1.9 lakh households using PNG in these cities.
"In view of the additional allocation of gas, price of CNG in Ahmedabad and Vadodara is being revised downward from Rs 58.75 per kg to Rs 46.75 per Kg," an Adani Gas release said here.
"While price of PNG (domestic) is being revised downwards from Rs 28.80 per SCM Rs. 23.80 SCM (excluding VAT) with effect from February 19," it said.
"This move came after Government of India on February 3 revised guidelines for allocation of domestic gas to City Gas Distribution (CGD) entities for CNG (transport) and PNG (domestic)," the release said.
Earlier on December 26, Adani Gas had reduced the prices of CNG by Rs 10 kg and PNG by Rs 8 per SCM after the Gujarat High Court asked the Centre to provide gas to CGD entities under Administered Price Mechanism (APM) in line with Delhi and Mumbai.
At that time, the price of CNG stood at Rs 68.80 per kg and that of PNG around Rs 37 per SCM.
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First Published: Feb 18 2014 | 7:39 PM IST

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