www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrology TendersClassifieds Reader Comments Hotels
Sign In / Register | Archive
Expressindia » Story

GSPC reduces price of retail gas

Font Size

Press Trust of India

Posted: Jan 05, 2009 at 0244 hrs IST

Ahmedabad The Gujarat State Petroleum Corporation (GSPC) has reduced the price of retail gas, following the reduction in energy prices globally, sources said. The new rates will be effective from January 1, 2009. “GSPC has reduced the prices of retail gas from Rs 19.5 per standard cubic metre (SCM) to Rs 15.9 per SCM,” officials said, adding that gas pricing in future will depend on movement of energy prices in the global market.

GSPC Gas operates in 15 districts of Gujarat and caters to 33,000 domestic customers. It has 24 CNG stations and sells 1.6 million cubic metres of gas per day.

In Gujarat, there are seven companies operating in city gas distribution (CGD) catering to 3.25 lakh domestic consumers, 300 commercial establishments, and over 1,000 industrial units, besides one lakh CNG customers.

After a review of international prices of energy, which dipped drastically, a decision was taken to lower selling prices of products such as LPG and CNG, they said.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

1984 riot victims burn Sonia effigy

Uma's entry in poll fray to increase infighting in BJP, says Digvijay

Punjab bets: Congress most likely, but just ahead on seats

UP polls: The choice, and why it may hurt

Grand Mufti bans pastor from Valley

Man sends talaqnama by post to wife, court says no

20-year-old woman raped in Dwarka

More
© 2011 The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map