CNG price hike: IGL raises rates by ₹3.89 per kg in Delhi from today
Higher spot LNG prices since the beginning of the West Asia conflict have increased input costs, prompting a calibrated price revision
Starting Saturday, the price of Compressed Natural Gas (CNG) in Delhi and nearby areas will increase by Rs 3.89 per kilogram, according to Indraprastha Gas Ltd. In their statement, IGL explained that a substantial amount of the gas used for CNG is sourced from imported liquefied natural gas (LNG), with prices in the current market experiencing a surge due to the conflict in West Asia.
As international LNG prices have remained high, and the impact on input costs has become significant, IGL decided to adjust the CNG prices by Rs 3.89 per kilogram to partially counterbalance the increase in input gas costs. The revision in CNG prices will take effect at 6 am on Saturday.
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