CNG, PNG prices set for revision as PNGRB plans to cut tariff zones from 3 to 2: Sources

The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved new unified tariff regulations for natural gas pipelines, a move that could lead to a revision in CNG and PNG prices across several cities, sources told CNBC-Awaaz.

A key reform under the new regime is the reduction of tariff zones from three to two.  The revised regulation is likely to be officially notified in the next 2–3 days.

Under the new framework, all consumers within the same zone will be charged an equal tariff—regardless of proximity to the source. While cities closer to the gas source may see slight price hikes under the new system, consumers in far-flung locations are likely to benefit from reduced gas prices.

Also Read: Government in wait-and-watch mode on fuel price cuts: sources

This simplification is expected to provide a pricing boost to operators and consumers in remote regions, with incentives being offered for infrastructure development in these areas.

According to the Common Minimum Programme, the government is targeting 120 million household PNG connections and 17,500 CNG stations across India by 2030 and 2025, respectively.

Also Read: Government in wait-and-watch mode on fuel price cuts: sources