Gujarat Gas Raises Domestic PNG Prices by 8.5% Amid Sourcing Costs
Gujarat Gas has raised its domestic Piped Natural Gas (PNG) prices by approximately 8.5% to protect its margins against elevated gas procurement costs.
The retail price hike is a direct response to a shortfall in cheaper domestic APM gas allocations, necessitating a reliance on higher-priced imported RLNG.
The revision occurs shortly after the company's major corporate reorganization and rebranding into Gujarat Energy Limited.