Fuel Price Alert! CNG becomes costlier than petrol in this city: Check latest fuel price
On October 1, the price of CNG was increased by Rs 3.50 per kg to Rs 94.50 per kg.
CNG has become more expensive than petrol in Kanpur. On Wednesday, the price of CNG was increased by Rs 2 to Rs 96.50 per kg, while that of petrol is Rs 96.28 and diesel price stands at Rs 89.47 per liter.
As a result, CNG has become 22 paise more expensive than petrol. In October, the price of CNG increased for the second time.
On October 1, the price of CNG was increased by Rs 3.50 per kg to Rs 94.50 per kg.
A lot of CNG vehicle owners shift to the fuel for its low cost of running, but the recent CNG price rise has affected this.
Kanpur: Current fuel price
CNG - Rs. 96.5
Diesel - Rs. 89.47
Petrol - Rs. 96.28
CNG price increase
The rise in the price of domestic gas can be the reason behind the increase in the price of CNG. Central UP Gas Limited (CUGL) has also increased the prices of CNG. Before October 1, CNG was Rs 91 per kg and PNG was Rs 54 in standard cubic meter (SCM).
The Commodity and currency expert Anuj Gupta said as Kanpur is an industrial city, people use CNG for their business purposes. As crude prices are increasing people are shifting to CNG vehicles which leads to rise in demand and price.
Petrol and Diesel Price Rise
Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily with international benchmark prices and foreign exchange rates.
Changes in petrol and diesel prices are implemented from 6 am. The retail petrol and diesel prices are different from state to state because of local taxes like VAT or freight charges.
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