CNG Price Hike Impact: From April 1, 2022, the central authorities introduced a doubling of the value of pure fuel. After which CNG PNG grew to become costly. But the method of accelerating the costs of CNG is happening from October 2021. In October 2021 additionally, the central authorities had elevated the costs of pure fuel by 62 %. Since then, the method of accelerating the costs of CNG continues.

CNG costlier by 41% in 6 months
Let us inform you that earlier than October 1, CNG was being out there within the capital Delhi for Rs 45.5 per kg. But on April 4, CNG is being out there within the capital at Rs 64.11 per kg. That is, inside simply six months, it has change into costly by Rs 18.61 per kg. That is, in six months, CNG has change into costly by about 41 %. Obviously, this enhance within the costs of CNG has spoiled the funds of those that come to the workplace by CNG automobile.

Expensive CNG together with costly CNG automobile
One, folks have to purchase a CNG automobile by paying the next worth, on which CNG has additionally change into costly. Whereas earlier folks used to purchase CNG automobile as a result of despite the fact that CNG automobile needed to pay extra worth but it surely was cheaper to get CNG within the automobile. But now folks’s pockets are being reduce by getting CNG inserted.

Petrol powered automobile is reasonable
Comparing the costs of petrol and CNG automobiles, Maruti Suzuki’s petrol-powered Wagonor Lxi 1.0 is on the market for Rs 5.65 lakh, whereas the identical CNG-powered mannequin prices Rs 6.85 lakh. Maruti’s Alto Lxi, which runs on petrol, prices Rs 3.77 lakh within the capital Delhi, whereas the value of a CNG-powered automobile of the identical mannequin is Rs 4.39 lakh.

CNG costs more likely to rise additional
Obviously, on the one hand, folks have to purchase CNG automobiles by paying extra money, so now the value of CNG has elevated by 41 %. And the method will cease right here as a result of the way in which the Center has doubled the value of pure fuel, after that CNG can change into much more costly.

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