CNG price hike: Compressed natural gas gets costlier; check city-wise rates
Indraprastha Gas Ltd has increased CNG prices by Rs 3.89 per kg in Delhi and surrounding regions due to rising international LNG costs. This marks the fifth price hike this year, impacting transportation costs across the NCR.
Why it matters
Rising fuel costs directly affect inflation and the cost of living for commuters and logistics providers in urban centers.
Compressed natural gas (CNG) consumers in Delhi and several other cities will have to pay more from Saturday, with Indraprastha Gas Ltd (IGL) announcing a Rs 3.89 per kg increase in prices amid a sharp rise in the cost of imported liquefied natural gas (LNG). The revised rates will come into effect from August 29.CNG will now cost Rs 86.98 per kg in Delhi while in Noida and Ghaziabad, the revised price will be Rs 95.59 per kg. Gurugram consumers will pay Rs 92.01 per kg.IGL said the price revision was driven by higher international LNG prices, as a large portion of the gas used for CNG comes from imports.
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