After petrol and diesel, CNG prices will be revised daily too
State-owned oil companies are preparing to make another daily revision and this time it would be CNG prices.
- Daily change in petrol and diesel prices starts from June 16, 2017
- Govt plans to make daily revision in CNG prices
- CNG is a fuel used as an alternative to petrol and diesel
After petrol and diesel, now oil marketing companies are going to revise CNG prices on a daily basis.
Daily revision on petrol and diesel prices gets in effect from June 16, 2017 at 6 am.
In the month of May 01, 2017, three state-owned oil companies Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) introduced a pilot project to revise petrol and diesel prices in five cities namely Udaipur, Jamshedpur, Chandigarh, Vizag and Puducherry on a daily basis.
To ensure convenience to dealers and customers, the Indian Oil Corporation Limited (IOCL) has brought in few measures on how to check daily change in petrol and diesel prices.
Compressed Natural Gas (CNG) are fuel that can be used as an alternative to petrol, diesel and propane/ LPG. CNG combustion produces fewer undesirable gases than the fuels mentioned above.