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png: Day after natural gas price rise, IGL raises CNG, PNG costs, highest since 2012 – Times of India

NEW DELHI: A day after the government jacked up by 62 per cent the price of natural gas produced from domestic fields, given to companies in the pre-bidding era, Indraprastha Gas Ltd (IGL) on Friday raised CNG prices by Rs 2.28 per kg and PNG rates by Rs 2.55 per unit, marking one of the steepest increases since 2012.
From Saturday, CNG will cost Rs 47.48 per kg in Delhi and Rs 53.45 per kg in National Capital Region’s Noida, Greater Noida and Ghaziabad.
It will cost Rs 55.81 per kg in Gurugram, Rs 56.50 in Rewari, Rs 54.70 in Karnal and Kaithal, Rs 60.71 in Muzaffarnagar, Meerut and Shamli, Rs 63.97 in Kanpur, Fatehpur and Hamirpur and Rs 62.41 in Ajmer.
The increase in the CNG prices may evoke demand for higher tariffs from bus, taxi and autorickshaw operators. But IGL said the per-km impact on the running cost of the vehicles will be negligible and that the CNG would still offer more than 60 per cent savings against petrol and diesel at their current prices.
It added for autos, the increase would be 6 paise per km, for taxis, it would be 11 paise per km and in case of buses, the rise would be Rs 1.65 per km.
The PNG to the households in Delhi will cost Rs 33.01 per unit, up from Rs. 30.91. In Noida, Greater Noida and Ghaziabad, the PNG will cost Rs 32.86 per unit for households. In Rewari and Karnal, the new rate will be Rs 31.81 per unit, while in Gurugram it will be Rs 31.20. In Muzaffarnagar, Meerut and Shamli, the PNG will cost Rs 36.37 per unit.
The IGL said the upward revision will offset the impact of increase in the price of natural gas only marginally.

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