Autobayng News Team
Like petrol and diesel, CNG prices vary across states due to different value added tax structures. Mahanagar Gas also increased the CNG price in Mumbai by ₹2 to ₹84 per kg.“>
New Delhi: Indraprastha Gas Limited (IGL) on Tuesday increased the price of CNG in Delhi and neighbouring NCR areas by ₹2 per kg, effecting the fourth hike since May 15, due to higher input costs and losses linked to the West Asia crisis. Compressed natural gas (CNG) now costs ₹83.09 per kg in the capital, up ₹6 from ₹77.09 per kg before May 15.
The latest hike came a day after oil retailers raised petrol and diesel prices by over ₹2 per litre across the country. Petrol and diesel prices have gone up by ₹7.35 and ₹7.53 per litre, respectively, since May 15.
IGL had raised the price by ₹2 per kg on May 15, followed by ₹1 per kg hikes on May 18 and May 23. CNG is now priced at ₹91.7 per kg in Noida and Ghaziabad, ₹91.58 per kg in Meerut, and ₹88.12 per kg in Gurgaon.
Rising CNG prices have impacted freight and passenger fares in Delhi-NCR, where a majority of auto-rickshaws, taxis and goods carrier run on the cleaner fuel. Commuters complain that auto and taxi fares have already surged 10-15 per cent in the last few weeks.
Like petrol and diesel, CNG prices vary across states due to different value added tax structures. Mahanagar Gas also increased the CNG price in Mumbai by ₹2 to ₹84 per kg.
There has, however, been no change in the rates of piped kitchen gas and domestic LPG cylinders. While PNG continues to be priced at ₹49.59 per standard cubic metre in Delhi, a 14.2-kg domestic LPG cylinder is available at ₹913.
Officials said the input cost of natural gas has increased by more than ₹10 per kg since Feb this year due to disruptions in energy supplies arising from geopolitical tensions in West Asia.
India imports over 50 per cent of its 190 million standard cubic metres per day LNG requirement, and before the conflict, around 30 per cent of the supplies came through the Strait of Hormuz, which has been disrupted since the military conflict broke out in West Asia. India has diversified supplies from alternate geographies to plug the gap.
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