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Lower APM gas allocation to raise cost of city gas cos by Rs 2-3/kg: Crisil

By Economic Times - 23 hours ago
City gas distribution companies are set to face a rise in gas procurement costs by Rs 2-3 per kg due to a 20% reduction in APM gas allocation for CNG. To maintain supply, they will need to purchase from costlier sources, leading to potential increases in CNG selling prices.

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