IGL raises CNG price by 50 paisa/kg in Delhi, NCR - Times of India

IGL raises CNG price by 50 paisa/kg in Delhi, NCR – Times of India

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NEW DELHI: Indraprastha Gas Ltd on Tuesday raised CNG prices in the national capital and adjoining cities by 50 paisa per kg but left PNG prices unchanged as higher use of imported gas to meet rising demand increased operational costs.
In Delhi, CNG will cost Rs 57.51 per kg, up from Rs 56.51 per kg. to in as the prices of imported gas firmed up. In Noida, Greater Noida, and Ghaziabad, CNG will cost Rs 59.58 per kg due to the impact of higher state tax.
IGL has been forced to raise the share of imported gas in sales as the allocation of domestic gas has proven inadequate in meeting rising demand.
The appreciation in imported gas price and dollar exchange rate have raised operational costs since natural gas is priced in dollars.
IGL has been revising prices upwards to pass on the burden. As a result, CNG prices have gone up by Rs 4 per kg since January.



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