CNG price hits Rs 80 a kg, up by 62% in 18 months
With the narrowing of the price differential between CNG and petrol-diesel, the rationale of much-cheaper cost of ownership is now seriously coming under threat. Is it advantage EVs then?
As July 12 turned into July 13, the CNG-using motorist of both personal and commercial vehicles has just been dealt another wallet-busting blow. The price of the eco-friendly fuel has been hiked by Rs 4 per kg in Mumbai, the 10th price increase over 18 months. Since February 2021, CNG price has risen by 62% – from Rs 49.40 per kg to Rs 80 per kg today (July 13). This even as petrol and diesel prices saw a reduction from the Central government earlier this year.
Billed as an eco-friendly and cheaper alternative to fossil fuels, CNG is ...
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