gas became cheaper
Before the beginning of the new year, a good news has come for gas consumers. Public sector company GAIL Gas Limited has decided to reduce the prices of Piped Natural Gas (PNG) used in domestic kitchens and Compressed Natural Gas (CNG) used in vehicles. This decision will directly benefit both common families and motorists.
The company has informed that the price of PNG has been reduced by one rupee per standard cubic meter and the price of CNG has been reduced by one rupee per kg. The new rates have come into effect from Thursday. This relief has been given at a time when people were expecting fuel expenses to reduce amid inflationary pressure.
Gayle announced
GAIL Gas Limited is a wholly owned subsidiary of the country’s largest government company GAIL India Limited. According to the company, this decision has been taken after the recent change in the tariff of natural gas pipeline. Under the new rules, the cost of transportation of gas has reduced, the benefit of which is being passed on directly to the consumers.
The new prices have been implemented in states like Uttar Pradesh, Karnataka, Madhya Pradesh, Haryana, Uttarakhand, Jharkhand, Chhattisgarh, Rajasthan and Odisha. Lakhs of households and thousands of CNG vehicle drivers in these states will now get some relief every month. A senior GAIL official said that the policies of the Petroleum Ministry and gas regulator PNGRB are aimed at making gas economical and expanding its scope. Recently, a new and simple system of pipeline charges has been implemented, due to which gas supply has become cheaper and easier.
This company has also reduced the prices
Before GAIL, Indraprastha Gas Limited and some other city gas companies operating in Delhi-NCR have also reduced the prices of PNG and CNG. This clearly indicates that there may be more relief for natural gas consumers in the coming time.