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CNG price hiked by Rs 1.85/kg

New Delhi: CNG price in the national capital was hiked by Rs 1.85 per kg today after gas producers raised rates.

Indraprastha Gas Ltd hiked CNG price by Rs 1.85 per kg in in Delhi and Rs 2.15 per kg in Noida, Greater Noida and Ghaziabad.

The new consumer price of Rs 37.30 per kg in Delhi and Rs 42.75 per kg in Noida, Greater Noida and Ghaziabad would be effective from midnight tonight, the company said in a statement.

The revision in price is “due to increase in its input gas cost affected by the gas suppliers as a result of reduction of input tax credit to them,” IGL said.

IGL will continue to offer a discount of Rs 1.50 per kg in the selling prices of CNG for filling between 12.30 am to 5.30 am at select outlets.

Thus, the consumer price of CNG would be Rs 35.80 per kg in Delhi and Rs 41.25 per kg in Noida, Greater Noida and Ghaziabad during 12.30 am to 5.30 am at select CNG stations across the region.

The new consumer price of PNG supplied to households in Delhi is also being revised by Rs 1.05 per standard cubic metre from Rs 23 per scm to Rs 24.05 per scm with effect from December 4, 2016.

Due to differential tax structure in the state of Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 25.56 per scm, which has been increased by Rs 1.21 per scm from existing Rs 24.35 per scm.