CNG price hiked by Rs 3.89/kg in Delhi-NCR amid rising LNG cost
Indraprastha Gas Limited has increased CNG prices in the Delhi-NCR region by Rs 3.89 per kg, marking the fifth hike this year. The price surge is attributed to rising global LNG costs driven by geopolitical tensions in West Asia and increased demand from Europe.
Why it matters
Rising fuel costs directly impact inflation and the cost of living for commuters and businesses relying on public transport and freight in India's capital region.
NEW DELHI: Indraprastha Gas Limited (IGL) has raised CNG prices in Delhi-NCR by Rs 3.89 per kg amid rising import costs of liquefied natural gas (LNG). Effective Saturday, CNG will cost Rs 86.98 per kg in the capital.This is the fifth increase in CNG prices this year, and the first since May, when IGL raised prices by a total of Rs 6 per kg in four phases over a period of 10 days due to a global rise in energy prices amid the West Asia conflict.CNG is now priced at Rs 95.59 per kg in Noida and Ghaziabad, Rs 95.47 per kg in Meerut, and Rs 92.01 per kg in Gurugram. Like petrol and diesel, CNG prices vary across states due to different value-added tax structures.
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