CNG price hiked by 90 paise/kg, PNG by Rs 1.25/standard cubic metre
Indraprastha Gas (IGL) has raised the prices of compressed natural gas (CNG) by 90 paise per kg and those of piped natural gas (PNG) used for cooking by ₹1.25 per standard cubic metre, as per a company executive. In Delhi, CNG will now cost ₹45.20 per kg and PNG ₹30.91 per standard cubic metre. Prices have increased by a similar quantum in Noida, Gurgaon and several other cities where IGL operates. IGL has blamed the limited availability of cheaper domestic gas for the price increase. “IGL has revised the retail prices of CNG & PNG to partially offset the increase in the input cost of natural gas being sourced as a result of increased dependence on eight times costlier R-LNG (regasified liquefied natural gas) as compared to domestic gas,” the company said on Twitter. “While sales volumes have increased substantially, the domestic gas allocation has remained constant due to lower average volumes of previous months.” IGL had hiked CNG and PNG rates by a similar amount in July. Petrol, diesel and liquefied petroleum gas (LPG) prices have also sharply risen in a year to record levels.