With the rise in petroleum prices throwing household budgets out of gear, Agra industrialists, utilising CNG for operating their units, too have got worried at the imminent rise in gas prices.
According to local industrialists, CNG was being delivered to their units by Gas Authority of India Ltd (GAIL) at a price of Rs. 6 per cubic metre while any consumption over the prescribed gas limit was charged at about Rs 10.50 per cubic metre.
Recently, the industrialists in the nearby town of Firozabad received a letter from GAIL which stated the prices of the over-limit consumption of gas at Rs 23 per cubic metre, which has created panic among the local industrialists who are shocked at the more than two times hike in gas prices by the company.
Devicharan Agarwal, a local industrialist, said this letter could have only one meaning that GAIL was planning to sneak in the new, higher rates of CNG without taking the industrialists into confidence.
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