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CNG price hiked by 80 paise, PNG by Rs 5


CNG value within the nationwide capital on Friday was hiked by 80 paise per kg, whereas piped cooking gasoline charges have been elevated by a steep Rs 5 per cubic metre on the again of the federal government elevating enter pure gasoline costs to document ranges.

CNG

Photograph: PTI Photo

CNG value within the National Capital Territory (NCT) of Delhi has been elevated to Rs 60.81 per kg from Rs 60.01, in keeping with info posted on the web site of Indraprastha Gas Ltd (IGL) — the agency which retails CNG and piped cooking gasoline within the nationwide capital.

This is the sixth improve in CNG costs within the final month.

 

In all, charges have gone up by about Rs 4 per kg.

The home PNG value has been elevated by Rs 5 per Standard Cubic Metre (SCM) with impact from April 1, 2022, partially cowl the hike in enter gasoline value, the corporate stated.

The relevant value in Delhi could be Rs 41.61/SCM (together with VAT).

For Ghaziabad and Noida, the home PNG value has been elevated by Rs 5.85 to Rs 41.71/SCM.

The improve comes on the again of a surge in gasoline costs globally.

IGL sources pure gasoline from home fields in addition to buys imported LNG.

LNG within the spot or present market touched document highs in latest months and on Thursday the federal government raised the value of gasoline produced from native fields to a document $6.10 per million British thermal unit from $2.9.

This has pushed prices for IGL, necessitating the value hikes, trade sources stated.

CNG costs have gone up by about Rs 8.50 per kg this 12 months alone.

The improve in CNG and PNG costs follows Rs 6.40 per litre hike in petrol and diesel costs in lower than two weeks and a Rs 50 per cylinder increase within the cooking gasoline LPG charges.

In Noida, Greater Noida and Ghaziabad, CNG will value Rs 63.38 per kg, whereas in Gurugram the value is Rs 69.17 per kg.

Prices range from metropolis to metropolis relying on the incidence of native taxes akin to VAT.

A document 137-day hiatus in petrol and diesel value revision ended on March 22.

On the identical day, the value of a 14.2-kg LPG cylinder was elevated to Rs 949.50 within the nationwide capital.

In some locations, the LPG value has touched Rs 1,000.



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