HPCL hikes CNG prices by Rs 3.90 per kg in Ahmedabad

Hindustan Petroleum Corporation Ltd (HPCL) today announced Rs 3.90 per kg hike in CNG prices.

The oil and gas PSU operating with a network of 22 gas stations here will now be selling CNG at Rs 56.90 per kg.

The company cited increase in gas cost as the reason for the price hike.

HPCL had last hiked the CNG prices on May 17, 2012, a company official said, adding that the increase at that time was of around Rs 2.80 per kg, taking the gas price from Rs 50.22 per kg to Rs 53 per kg.