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The Centre had earlier this year adopted a new gas pricing formula and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent.
GAIL Gas cut the price of the gas that households received through piped natural gas, or PNG, by ₹7 per standard cubic metre in Bengaluru and Dakshin Kannada and by ₹6 per scm in other cities where the company operates
CNG price has been cut by ₹7 per kg in Karnataka and by ₹6 in other areas, the company said in a statement. -- aaa