The price of CNG rose for the 12th time in two months. Check the latest rates here

0

The price of CNG in the nation’s capital has been raised by Rs 2 per kg, the 12th tariff increase in just over two months.

CNG in the National Capital Territory of Delhi now costs Rs 73.61 per kg, down from Rs 71.61 per kg, according to information posted on the website of Indraprastha Gas Ltd (IGL) – the company which sells retail of CNG and cooking gas by pipeline in the nation’s capital and nearby cities.

This is the 12th price increase since March 7.

In total, the price of CNG increased by Rs 17.6 per kg during this period. This includes a rise of Rs 7.50 per kg in the month of April alone.

Over the past year, prices have increased by 30.21 rupees per kg or 60%, according to data compiled by PTI.

However, the tariffs for gas delivered to household kitchens, known as piped natural gas (PNG), remain unchanged at Rs 45.86 per scm.

Town gas distributors have periodically raised prices since October last year, when domestic and international gas prices began to climb as economies around the world recovered from the pandemic-induced slowdown.

Prices have increased by Rs 8.74 per kg in the last three months of 2021, and from January there has been a steady increase of around 50 paise per kg almost every week.

Tariffs rose after the government more than doubled the price of natural gas to $6.1 per million British thermal units from April 1.

Natural gas when compressed becomes CNG for use as fuel in automobiles. The same gas is piped to household kitchens and industries for cooking and other purposes.

Mahanagar Gas Limited (MGL) has set the price of Compressed Natural Gas (CNG) at Rs 76 per kg in Mumbai.

Prices vary from city to city depending on the incidence of local taxes such as VAT.

The CNG price increase follows a rise of Rs 10 per liter in petrol and diesel prices in 16 days and a rise of Rs 100 per bottle in LPG cooking gas tariffs.

Share.

Comments are closed.