GAIL reduces CNG retail prices by Rs 2.50/kg

GAIL reduces CNG retail prices by Rs 2.50/kg

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GAIL cuts CNG retail prices by Rs 2.50/kg (Lead)

New Delhi/Chennai, March 8 (IANS) – GAIL (India) Limited, GAIL Gas Limited, and AG&P Pratham have announced a reduction of Rs 2.50/kg in their retail prices for Compressed Natural Gas (CNG). The price cut will be effective in locations where the companies retail their CNG.

This move follows Indraprastha Gas Limited (IGL) reducing the selling price of gas in Delhi and the National Capital Region (NCR) by Rs 2.50 per kg. GAIL’s reduction highlights its commitment to providing environmentally friendly fuel solutions at competitive prices to combat pollution and reduce carbon emissions.

In a statement, GAIL mentioned the increase in production and adoption of CNG vehicles by leading manufacturers like Suzuki Motors, Tata, Hyundai, and Mahindra. The aim of the price reduction is to promote cleaner and greener transportation options for a sustainable future.

AG&P Pratham has also reduced its retail prices in Kerala and Andhra Pradesh. The company stated that three-wheeler auto-rickshaws, cars, small commercial vehicles, trucks, and buses using CNG fuel can save up to 35% and 50% compared to diesel and petrol, respectively.

AG&P Pratham currently operates 34 CNG stations in Kerala and plans to set up over 150 stations. In Andhra Pradesh, the company operates 42 stations and plans to establish more than 200 stations in the coming years. The price reduction aims to encourage more vehicle owners to transition to cleaner fuel options.

Overall, the reduction in CNG prices by GAIL and AG&P Pratham is a positive step towards promoting environmentally friendly fuel alternatives and encouraging more vehicle owners to opt for cleaner transportation options in the fight against pollution and carbon emissions.

IANS, established in 1986, is India’s largest independent news service, offering 24×7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

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