After petrol and diesel, CNG prices will be revised daily too

Key Highlight: 

• 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.

Also Read:Daily revision in petrol, diesel prices' nears to reality; here's what you can do

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.