The compressed natural gas (CNG) prices in Pune have been hiked for the fourth consecutive time by ₹2.20. From April 29 onwards new rate for CNG in Pune city would be ₹77.20 per kg.
Earlier this month, the state government had announced to cut down the VAT on natural gas from 13 per cent to 3 per central, effective from April 1. Accordingly, the rates of CNG gas in Pune had gone down to ₹62 per kg. However, this lasted for a few days, and on April 6, the rates were increased by ₹7, then on April 13, it was again increased by ₹5 and recently, on April 18, it was increased by ₹2. The reason given behind these three consecutive price hikes was the same international market rates increased of one of the addictive gas rates which are used to make the CNG gas.
Ali Daruwala, the national spokesperson of All India Petrol Dealers Association, said, “The main reason for the price rise is that the domestically produced gas in India is not sufficient as compared to demand from customers.
