Bad news for CNG users in Delhi! Price hiked by ₹3.89 per kg: Check new rate here; know what led to the increase
Indraprastha Gas Limited (IGL) has announced a hike in CNG prices in Delhi. Check new rates here.
Delhi's Compressed Natural Gas (CNG) price has been increased by ₹3.89 per kg, taking effect at 6:00 am on Saturday, August 29. The new rate is now ₹86.98 per kg, up from ₹83.09 per kg. CNG is widely used in private cars, autos, taxis, and public transport. The hike is a response to the sharp rise in international gas costs, with global Spot LNG prices nearly doubling due to conflicts in West Asia and rising European demand before winter.
IGL, the company behind the price increase, stated that while global benchmarks have doubled, Delhi's retail prices have only seen a minor increase. The company aims to offset the cost rise by partially adjusting CNG prices.
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