New Delhi, Mar 23: The prices of compressed natural gas and piped natural gas are set to be increased next month as the benchmark price of the product is slated to be increased during the by-annual revision due next month. Also Read - BTC vs CLU Dream11 Team Hints, Dream11 Finnish Ten10 League 2020 T10: Captain And Vice-Captain, Fantasy Cricket Tips Bengal Tigers Cricket Club vs Club 71 at Kerava National Cricket Ground at 12:30 PM IST Sunday, June 7

Sources told TOI that the price might be hiked to $3.06 per unit from the current $2.89 per unit. With the price hike, the cost of urea could be increased, however, the prices of electricity might remain largely unaffected as only 8 per cent electricity is generated using gas-fed plants. However, people who use CNG as vehicles, or PNG as cooking gas, might have to shell out more money. Also Read - SEGN vs DAE Dream11 Team Prediction Korean Football League 2020: Captain, And Fantasy Football Tips For Today's Seongnam FC vs Daegu FC Match at Tancheon Sports Complex 3:30 PM IST June 7 Sunday

The increase in the prices will greatly benefits private and public players in the gas market. The benchmark price was raised for the first time in the last three years to $2.89 per unit in October, 2017. This was after the prices were reduced in last five round. Also Read - Uttar Pradesh News: Kanpur IG Mohit Agarwal Pays Fine For Not Wearing Mask in Public