CGD firms may hike CNG prices by Rs 1.5-2/kg
- Posted on April 17, 2025
- By Financial Express
- 1 Views
CGD firms may hike CNG prices by Rs 1.5-2/kg
CGD firms like IGL, MGL, and Adani Total Gas may hike CNG prices by Rs 1.5–2/kg after a 20% cut in cheaper APM gas allocation. Shift to costlier New Well Gas and EV policy pressures could impact margins and weaken demand outlook.
