Among other cities in the region, CNG in Gurugram now costs ₹80.12 per kg, down from ₹82.62 per kg. In Rewari as well, the CNG cost has been reduced to ₹78.70 per kg from ₹81.20 per kg. In Karnal and Kaithal the rates of the fuel have been revised from ₹82.93 per kg to ₹80.43 per kg, effective from March 7.
This move of CNG price cut comes immediately after Mahanagar Gas Limited (MGL) slashed the price of the cleaner fuel in Mumbai by ₹2.5 per kg on March 5. In the financial capital of the country, CNG now costs ₹73.50 per kg. MG cited the reason behind the price cut as a dip in production costs. It also claimed that this reduction in CNG prices would help to increase the consumption of cleaner fuel in the transportation segment.
CNG has emerged as a significantly cleaner and greener fuel solution in the transport sector over the last few years. CNG offers lower emissions and better mileage compared to petrol and diesel. Also, CNG costs less than the other fossil fuels. With the sky-high price of petrol and diesel CNG found increasing popularity among vehicle buyers. While previously, car owners were buying CNG kits from the aftermarket, now the automaker has started offering factory-fitted CNG kits in their respective passenger vehicles. Leading car manufacturers in India like Maruti Suzuki, Hyundai and Tata Motors have a wide range of passenger vehicles on offer with petrol-CNG options.
First Published Date: 07 Mar 2024, 11:23 AM IST