💨 Abstract

City gas companies are considering increasing CNG prices due to reduced supplies of cheaper input gas, but government officials have asked for a cost breakup to justify the hike. The government has cut supplies of low-priced natural gas from old fields to city gas retailers by up to 20% for the second time in a month. Retailers like Indraprastha Gas Ltd and Adani Total Gas Ltd have expressed profitability concerns.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖