GSPC,Adani hike prices of CNG

Earlier in May,the state PSU had raised prices of CNG from Rs 34.45 per kg to Rs 37 per kg,citing non-allocation of gas by the Centre from KG-D6 reserves as the reason for hike.

In the past one year,CNG prices in Gujarat have risen by over 35 per cent,industry sources said. Another city gas distributor CGD,Adani Gas,that has operations in Ahmedabad and Vadodara,has also raised the prices of natural gas.

Adani gas has hiked the price of CNG by Rs 2.50 per kg taking the price of natural to Rs 40.50 per kg. The hike comes into effect from today, a top company official said.

The company operates with a network of 54 CNG stations,47 in Ahmedabad and seven in Vadodara, he said.

GSPC is among the seven city gas distributors along with Gujarat Gas Company,Adani Gas Limited,Charotar Gas Sahkari Mandli,Sabarmati Gas,Vadodara Municipal Corporation,HPCL has CNG stations only,operating in Gujarat.