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INDIA
Govt says CBG price hike will have negligible impact on CNG, PNG consumers
The government has rejected concerns that the revised CBG pricing under the GOBARdhan Scheme will significantly increase costs for CNG and household PNG consumers, saying government support and a larger domestic gas pool will limit the impact.
GlobeSignal-AIlow certainty
- Why it matters
- Households using PNG for cooking and heating, and CNG vehicle users, could see price increases if the government's assumption about absorbed costs proves wrong.
- Most affected
- Household PNG consumers — Potential price rise for cooking and heating gas if support measures do not offset it
CNG vehicle users — Potential increase in fuel costs if pricing changes are passed through - Likely next
- Whether actual CNG and PNG price increases follow the revised CBG pricing in coming months.