Home National News Cng Hike News in Mumbai, CNG-PNG will be expensive again; More...

Cng Hike News in Mumbai, CNG-PNG will be expensive again; More results in Mumbai, why? – CNG price will increase in Mumbai FindSexyJobs

FSJ News Updates,

m. Ta. Special Representative, Mumbai: Although the price of natural gas i.e. CNG fuel has been reduced by Rs 6 recently, it had increased by Rs 37 in almost 10 months before that. After that, in the wake of the Ukraine-Russia war, CNG prices are likely to rise again in the coming years.

Natural gas rates are currently (as of September-end) at $9.92 per million unit, which was $6.13 per million unit by the central government. The new rates will be applicable from October. At the same time, the coming period is the festival of Diwali along with Navratri. This is likely to increase demand for CNG and PNG everywhere. As a result, there is a possibility of further increase in natural gas price from October.

According to an earlier survey conducted by Jefferies, between October 2022 and March 2023, these rates are likely to increase by 128 to 1,300 percent. This price hike is likely to have a big impact on CNG and natural gas for cooking, which are widely used in Mumbai.

More results in Mumbai

Only three companies supply CNG and Domestic Cooking Natural Gas (PNG) in India. These include Mahanagar Gas in Mumbai, Indraprastha Gas in Delhi and Gujarat Gas. Of these, Mahanagar Gas Limited has the largest network. Mahanagar Gas and Indraprastha Gas together supply 85 percent of gas. That is why this price hike is likely to have a major impact on CNG and PNG in Mumbai.

.

RELATED ARTICLES

Most Popular

A group seen near the edge of Seaford Head FindSexyJobs

FSJ News Updates, WALKERS felt nervous when they saw a group of people standing near the...

Conservative Party Conference 2022: can things get any better? FindSexyJobs

FSJ News Updates, The Conservative Party conference kicks off in Birmingham this weekend and the contrast to the generally harmonious Labor Party gathering in...

UK drivers could face £10,000 fine for simple mistake in colder months FindSexyJobs

FSJ News Updates, Driving with bald tires can also result in up to 12 points on...

What people are saying about one of the worst rated restaurants in Darlington on TripAdvisor FindSexyJobs

FSJ News Updates, Darlington has plenty of great places to go out and eat, but the...

Tips for increasing your pension supplement FindSexyJobs

FSJ News Updates, The current market scenario signals a bearish phase and things look darker for investors as the war between Ukraine and Russia...

Exclusive: Inspite of ‘Dry Day’, liquor is being sold in five star clubs in Mumbai, the date on the bill is tomorrow! –...

FSJ News Updates, Mumbai-On the occasion of Mahatma Gandhi's birth anniversary today, even though it is a 'dry day', it has come to light...

NASA “regrets” Tim Smith being put in charge of the spacecraft FindSexyJobs

FSJ News Updates, <!----> <!----> <!-- by The Shovel --> NASA says it was a mistake to allow Victorian MP Tim Smith into its programme, following reports the 38-year-old...

Subscribe to the Townsville Bulletin FindSexyJobs

FSJ News Updates, Subscription with Google allows you to purchase a subscription using your Google Account. Select the subscription offer you wish to...