The price of CNG in Delhi rose 90 paise, the seventh increase since April 2018
NEW DELHI: CNG price in Delhi and its suburbs increased on Wednesday around Re 1 per kg, the seventh increase in rates in 15 months. Indraprastha Gas Ltd, the only supplier of CNG for automobiles in the region of the national capital, said the increase was justified due to recent changes in transmission rates of the pipeline.
CNG price in Delhi was raised by 90 paise per kg to Rs 46.60. The increase in adjoining Noida, Greater Noida and Ghaziabad was Re 1 per kg to Rs 52.95.
CNG rates in Rewari, Gurugram and Karnal in Haryana have risen by 95 paise. The price of CNG supplied by IGL in Gurugram and Rewari would be Rs 58.45 per kg and in Karnal, it would be Rs 55.45 per kg, IGL said in a statement.
This is the seventh increase in CNG prices since April 2018. CNG price The last time he walked in April was 1 Re per kg, due to the increase in the price of domestic natural gas and the fall in value of the rupee against the dollar.
In total, the rates have increased by Rs 6.89 per kg since April 2018.
However, IGL did not raise the price of piped natural gas that it supplies to households in these cities for cooking. Natural gas piped (PNG) currently costs Rs 30.50 per standard cubic meter in Delhi and Rs 30 in Noida, Ghaziabad and Greater Noida.
CNG and PNG rates vary in different cities due to the incidence of local taxes.
IGL said it will continue to offer a discount of Rs 1.50 per kg in CNG sales prices for filling between 12.00 and 6.00 in selected establishments in Delhi, Noida, Greater Noida and Ghaziabad.
Therefore, the CNG consumer price would be Rs 45.10 per kg in Delhi and Rs 51.45 per kg in Noida, Greater Noida and Ghaziabad during 12.00 to 6.00 in the selected CNG stations, he said.
The CNG retail price revision was carried out after an increase in the pipeline transmission rate and an increase in operating expenses since the last price revision.
However, this increase would have a marginal impact on the operating cost per km of the vehicles. For cars, the increase would be around 3 paise per km, for the taxi it would be 5 paise per km and in the case of buses, the increase would be 28 paise per km, said IGL.
With the revised price, the CNG would still offer a saving of more than 52 percent for the cost of operation compared to gasoline-powered vehicles at the current level of prices. Compared to diesel-powered vehicles, the economy in favor of CNG at the revised price is more than 30 percent, he said.
IGL sells CNG to more than 10.5 lakh vehicles in the region of the national capital through a network of more than 500 CNG stations. It also supplies PNG to more than 11.20 lakh homes in the cities of Delhi and NCR.