Natural gas to cost more as govt raises price cap after 2 years, jury out on CNG hike
Monday, 31 March 2025
The government has raised the price cap on natural gas from legacy fields, resulting in a 4% increase in effective prices from April 1. This change affects state-run ONGC and Oil India Ltd., with notable implications for city gas operators and consuming industries, although government subsidies will protect fertilizer units.
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