Piped gas or PNG and fuel used in transportation will get costlier with effect from October 1, 2018. The rate hike has been made by 9.8 per cent for the period from October to March 2019.
PNG, CNG To Get Expensive With Increase In Price Of Natural Gas
The domestically produced natural gas is now priced at $3.36 a unit which is measured in million British thermal units from the earlier $3.06/mBtu. The gas produced from other sources such as deepwaterm ultra-deep water and high pressure or high temperature areas has also seen an increase from $6.78 per mBtu during April-September period to $7.67 a mBtu.
This is the steepest hike for the second time since the implementation of the New Domestic Gas Policy, 2014. Electricity rates will go higher with every dollar increase in gas price and an increase shall be approximately 50-55 paise a unit. In case of the piped natural gas, the rate will go higher by around 2.6 per SCM (standard cubic metre).
The domestically produced gas price is revised based on a formula benchmarked to 'wellhead' prices in four gas markets.
Goodreturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google