GAIL(India) Limited, a Government of India Maharatna Company authorised by the Petroleum & Natural Gas Regulatory Board, is implementing the city gas distribution project in the twin city of Bhubaneswar and Cuttack.
The company has reduced compressed natural gas (CNG) price from Rs 94.76 to Rs 90.02 per kg at Bhubaneswar and from Rs 95.10 to Rs 90.35 per kg at Cuttack. Piped natural gas (PNG) price has been reduced from Rs 61.66 per scm to Rs 55.47 per scm at Bhubaneswar and from Rs 61.63 to Rs 55.49 per scm at Cuttack. A total of 18 CNG stations are currently operating in the twin city and seven more would be made operational soon.
The reduction in price will bring relief to the CNG run 4,000 autorickshaws and 500 taxi drivers. The reduction in price has been affected in interest of the public at large.