THINK Gas To Reduce Price Of CNG Under PNGRB's Revised Unified Tariff Framework

THINK Gas believes the revised framework brings greater transparency, enabling faster infrastructure rollout and long-term consumer benefits.

Advertisement
Read Time: 3 mins
As per the revised tariff framework, THINK Gas customers in MP, Punjab, HP, UP, Bihar and Karnataka are expected to benefit from CNG price reductions of up to Rs 2.50 per kg.
Quick Read
Summary is AI-generated, newsroom-reviewed
  • THINK Gas supports PNGRB's revised Unified Tariff framework as timely and consumer-focused
  • CNG prices may drop up to Rs 2.50/kg and PNG rates up to Rs 5/SCM in six states
  • THINK Gas will lower domestic PNG prices in Andhra Pradesh, Tamil Nadu, and Rajasthan voluntarily
Did our AI summary help?
Let us know.

Leading gas distribution company, THINK Gas formed through the merger of largest private energy player AG&P Pratham and Think Gas has welcomed the Petroleum and Natural Gas Regulatory Board's revised Unified Tariff framework, terming it as a timely and consumer-centric reform.

As per the revised tariff framework, THINK Gas customers in Madhya Pradesh, Punjab, Himachal Pradesh, Uttar Pradesh, Bihar and Karnataka are expected to benefit from CNG (Compressed Natural Gas) price reductions of up to Rs 2.50 per kg and domestic PNG (Piped Natural Gas) reductions of up to Rs 5 per standard cubic meter (SCM).

Advertisement

In a statement on Saturday, THINK Gas said it would voluntarily reduce Domestic PNG prices by up to Rs 4 per standard cubic metre (SCM) for customers in Andhra Pradesh and Tamil Nadu and up to Rs 2.77 per SCM in Rajasthan, even though these states are not yet connected to the National Gas Grid.

To come into effect from January 1, 2026, the new framework by the Petroleum and Natural Gas Regulatory Board's revised Unified Tariff framework is expected to significantly reduce pipeline transportation costs for CNG and PNG in regions connected to the National Gas Grid, making natural gas more affordable for households and commuters.

Advertisement

Commenting on the occasion, THINK Gas MD and CEO Abhilesh Gupta said, the Petroleum and Natural Gas's progressive and forward-looking reforms would directly benefit households and daily commuters by making CNG and PNG more affordable.

'This initiative reinforces PNGRB's commitment to consumer welfare and strengthens the role of natural gas as a clean, reliable and economical fuel. At THINK Gas, we are committed to passing on these benefits to consumers across our authorised areas,' he said.

The revised tariff would encourage wider adoption of PNG as cooking fuel, improve the cost competitiveness of CNG for transport users and enhance the viability of City Gas Distribution into Tier II, III and semi-rural regions, he added.

Advertisement

The reform aligns with India's vision to increase the share of natural gas in the energy mix from 6 per cent to 15% by 2030. By promoting cleaner fuels, it also supports improved air quality, infrastructure expansion and a sustainable energy ecosystem.

THINK Gas believes the revised framework brings greater transparency, enabling faster infrastructure rollout and long-term consumer benefits.

THINK Gas supplies Compressed Natural Gas (CNG) for transportation and Piped Natural Gas (PNG) to households, commercial establishments and industries. Its planned gas distribution network includes approximately 24,000 inch-km of steel pipelines, over 2,000 CNG stations and coverage of nearly 3.24 lakh square kilometres, serving more than 100 million customers, the company added.

Hikal Flags Revenue Recognition Irregularities In Three Quarters, Reverses Rs 80.7 Crore

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.

Loading...