CNG value hiked by Rs 2.50 per kg for second day in a row in nationwide capital

CNG costs within the nationwide capital on Thursday have been hiked for the second day in a row by Rs 2.50 per kilogram, taking the overall improve since March to Rs 12.5 per kg.

CNG within the National Capital Territory (NCT) of Delhi now prices Rs 69.11 per kg, up from Rs 66.61 per kg, in response to the data posted on the web site of Indraprastha Gas Ltd (IGL) – the agency which retails CNG and piped cooking gasoline within the nationwide capital and adjoining cities.

Rates had gone up by Rs 2.50 per kg on Wednesday as nicely.

However, there was no change within the charges of Piped Cooking Gas (PNG). It continues to price Rs 41.61 per commonplace cubic meter.

CNG costs in Delhi have elevated by Rs 12.48 per kg since March when metropolis gasoline distributors began factoring in excessive worldwide vitality costs.

On Thursday, Mahanagar Gas Limited (MGL) raised Compressed Natural Gas (CNG) value by Rs 7 per kg to Rs 67 per kg in Mumbai whereas Gujarat Gas hiked charges by Rs 6.50 per kg to Rs 76.98 per kg.

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

The will increase come on the again of the federal government greater than doubling pure gasoline costs to USD 6.1 per million British thermal unit from April 1.

Natural gasoline when compressed turns into CNG to be used as gas in cars. The identical gasoline can also be piped to family kitchens and industries for cooking and different functions.

The improve in CNG costs follows Rs 10 per litre hike in petrol and diesel costs in 16 days and a Rs 50 per cylinder elevate within the cooking gasoline LPG charges.

A document 137-day hiatus in petrol and diesel value revision ended on March 22. On the identical day, the worth 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.

According to IGL, CNG will now price Rs 71.67 per kg in Noida, Greater Noida and Ghaziabad and Rs 77.44 per kg in Gurugram, the cities adjoining Delhi.