Saturday, May 14, 2022

Hiatus ends for PNG and CNG, prices increased

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New Delhi: After petrol, diesel and LPG, it was turn of CNG and PNG on Thursday. The prices of CNG and cooking gas piped to household kitchens (PNG) in the national capital were hiked on Thursday by Re 1.

CNG price in NCT of Delhi has been increased to Rs 59.01 per kg from Rs 58.01, according to the information posted on the website of Indraprastha Gas Limited (IGL) – the firm which retails CNG and piped cooking gas in the national capital.

This is the third increase in CNG rates this month, which follows a spike in input (natural gas) prices across the globe. On the previous two occasions, rates had gone up by Rs 0.50 per kg.

Following the firming up of international gas rates, IGL has been raising CNG rates periodically. Prices have gone up by about Rs 5.50 per kg this year alone.

Also, the price of piped natural gas that households get for cooking purposes has also been increased by Re 1 to Rs 36.61 per standard cubic meter in Delhi.

The increase follows Rs 1.60 per litre hike in petrol and diesel prices affected during the last two days and a Rs 50 per cylinder raise in the cooking gas LPG rates.

After rising by 80 paise per litre on March 22 and 23, petrol and diesel prices remained unchanged on Thursday, possibly because of the heat the government faced on the issue in Parliament on the two previous days.

In Noida, Greater Noida and Ghaziabad, CNG will cost Rs 61.58 per kg and in Gurugram the price is at Rs 67.37 per kg.

Similarly, PNG cost has increased to Rs 35.86 per SCM in Noida, Greater Noida and Ghaziabad and to Rs 34.81 in Gurugram.

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

A record 137-day hiatus in petrol and diesel price revision ended on March 22, with an 80 paise per litre increase in rates and a similar proportion hike followed on Wednesday.

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