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Tag: cng price hike

  • CNG value hiked by Rs 2 per kg; charges up by Rs 19.60/kg in two months

    The value of CNG within the nationwide capital on Saturday was hiked by Rs 2 per kg, the thirteenth enhance in charges in simply over two months.

    CNG within the nationwide capital territory of Delhi now prices Rs 75.61 per kg, up from Rs 73.61 per kg, based on the knowledge posted on the web site of Indraprastha Gas Ltd (IGL) — the agency which retails CNG and piped cooking fuel within the nationwide capital and adjoining cities.

    This is the thirteenth enhance in value since March 7.

    In all, the CNG value has risen by Rs 19.60 per kg throughout this era. In the final one 12 months, costs have elevated by Rs 32.21 per kg or 60 per cent, based on information compiled by PTI.

    However, the charges of fuel piped to family kitchens, referred to as piped pure fuel (PNG), stay unchanged at Rs 45.86 per scm.

    City fuel distributors have been periodically elevating costs since October final 12 months, when home in addition to worldwide fuel costs began to climb as economies world wide recovered from the pandemic-induced slowdown.

    IGL Managing Director Sanjay Kumar mentioned the costs are prone to stay elevated within the close to future on account of excessive worldwide costs of pure fuel.

    CNG costs rose by Rs 8.74 per kg within the final three months of 2021, and from January there was a gentle enhance of about 50 paise a kg virtually each week.

    The charges have gone up after the federal government greater than doubled the value of pure fuel produced regionally to USD 6.1 per million British thermal unit from April 1. With domestically produced fuel not adequate to satisfy metropolis fuel demand, imported gas (LNG) is getting used. LNG within the spot or present market prices USD 18-20 per mmBtu.

    Natural fuel when compressed turns into CNG to be used as gas in vehicles. The similar fuel is piped to family kitchens and industries for cooking and different functions.

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    Mahanagar Gas Limited (MGL) has priced Compressed Natural Gas (CNG) at Rs 76 per kg in Mumbai.

    Prices fluctuate from metropolis to metropolis relying on the incidence of native taxes similar to VAT.

    The enhance in CNG costs follows a Rs 10 per litre hike in petrol and diesel costs in 16 days and a Rs 103.50 per cylinder enhance within the cooking fuel LPG charges.

  • CNG worth hiked by Rs 2 per kg in Delhi NCR

    The Indraprastha Gas Limited (IGL) has hiked the CNG costs in Delhi, Noida and Gurugram by Rs 2 per kilogram with impact from Sunday at 6 am.

    With this, CNG is now priced at Rs 73.61 per kg in Delhi, Rs 76.17 per kg in Noida, and Rs 81.94 in Gurugram, ANI reported.

    The CNG gasoline costs have additionally been elevated in different components of the nation. In Rewari, CNG is bought at Rs 84.07 per kg; Rs 82.27 per kg in Karnal and Kaithal; Rs 85.40 in Kanpur, Hamirpur and Fatehpur and Rs 83.88 in Ajmer, Pali and Rajsamand after the rise.

    CNG costs throughout Delhi have been on an increase since October final yr when home and worldwide gasoline costs began to climb.

  • 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.

  • After LPG, CNG and piped cooking gasoline worth hiked

    After hike in charges of petrol, diesel and LPG, the costs of CNG and cooking gasoline piped to family kitchens (PNG) within the nationwide capital had been hiked on Thursday by Re 1.

    CNG worth in NCT of Delhi has been elevated to Rs 59.01 per kg from Rs 58.01, in line with the data posted on the web site of Indraprastha Gas Ltd – the agency which retails CNG and piped cooking gasoline within the nationwide capital.

    This is the third enhance in CNG charges this month, which follows a spike in enter (pure gasoline) costs throughout the globe. On the earlier two events, charges had gone up by Rs 0.50 per kg.

    Following the firming up of worldwide gasoline charges, IGL has been elevating CNG charges periodically. Prices have gone up by about Rs 5.50 per kg this yr alone.

    Also, the worth of piped pure gasoline that households get for cooking functions has additionally been elevated by Re 1 to Rs 36.61 per normal cubic meter in Delhi.

    The enhance follows Rs 1.60 per litre hike in petrol and diesel costs affected over the last two days and a Rs 50 per cylinder increase within the cooking gasoline LPG charges.

    After rising by 80 paise per litre on March 22 and 23, petrol and diesel costs remained unchanged on Thursday, probably due to the warmth the federal government confronted on the difficulty in Parliament on the 2 earlier days.

    In Noida, Greater Noida and Ghaziabad, CNG will price Rs 61.58 per kg and in Gurugram the worth is at Rs 67.37 per kg.

    Similarly, PNG price has elevated to Rs 35.86 per SCM in Noida, Greater Noida and Ghaziabad and to Rs 34.81 in Gurugram.

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

    A document 137-day hiatus in petrol and diesel worth revision ended on March 22, with an 80 paise per litre enhance in charges and an identical proportion hike adopted on Wednesday.

    On March 22, the worth of a 14.2-kg LPG cylinder was elevated to Rs 949.50 within the nationwide capital. In some locations, the LPG worth has touched Rs 1,000.

    Prices had been on a freeze since November 4, forward of the meeting elections in states like Uttar Pradesh and Punjab – a interval throughout which the price of uncooked materials (crude oil) soared by USD 30 per barrel.

    The price revision was anticipated quickly after meeting elections ended on March 10, nevertheless it was delay.

    Oil firms are actually recouping the losses.

    They “will need to raise diesel prices by Rs 13.1-24.9 per litre and Rs 10.6-22.3 a litre on gasoline (petrol) at an underlying crude price of USD 100-120 per barrel,” Kotak Institutional Equities stated in a be aware.

    According to CRISIL Research, the worth of crude oil (uncooked materials for making petrol and diesel) has averaged USD 100 per barrel within the present quarter and a full pass-through would require a Rs 9-12 per litre enhance within the retail costs. And if the typical crude oil worth rises to USD 110-120, the hike required could be Rs 15-20 per litre.

    India is 85 per cent depending on imports for assembly its oil wants and so retail charges alter accordingly to a worldwide motion.

    The situation of worth rise figured in each Lok Sabha and Rajya Sabha, with opposition protesting the extra burden on widespread man already reeling below the strain of excessive inflation and commodity worth rise. The opposition pressured adjournments in Rajya Sabha whereas they walked out of Lok Sabha on the difficulty.

    With no enhance in petrol and diesel costs on Thursday, each Houses of Parliament functioned usually.