Indraprastha Gas hikes prices of CNG by 5%, piped gas by 7%

Indraprastha Gas hikes prices of CNG by 5%, piped gas by 7%


(IGL) has raised the prices of compressed natural gas (CNG) by 5% and piped natural gas (PNG) by 7% following a sharp increase in domestic natural gas price by the government.

IGL has raised the rate of CNG, used for transport, in Delhi by Rs 2.28 per kg to Rs 47.48 per kg. In Noida, Greater Noida and Ghaziabad, the rates have risen by Rs 2.55 per kg to Rs 53.45, IGL said in a statement.

The price of PNG, used for cooking, has been increased by Rs 2.10 per standard cubic meter to Rs 33.01 per standard cubic meter. The new rate in Noida, Greater Noida and Ghaziabad would be Rs. 32.86.

“The revision in retail prices of CNG and domestic PNG has been effected only to marginally offset the impact of increase in price of domestically produced natural gas and increased dependence on costlier regasified liquefied natural gas (LNG),” the company said.



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