CNG prices hiked by Rs 2 per kg

Prices of Compressed Natural Gas (CNG) in the national Capital and adjoining cities were raised by Rs 2 per kg on Tuesday, marking the third increase in less than two weeks. CNG now costs Rs 83.09 per kg, up from Rs 81.09, according to Indraprastha Gas Ltd (IGL). The repeated hikes are expected to raise running costs for private vehicle owners, taxis and public transport fleets that rely on CNG, though it continues to be cheaper than petrol and diesel on a per-kilometre basis.

However, there was no revision in the rates of Piped Natural Gas used by households for cooking. The third increase in rates since May 15 took the cumulative increase in CNG prices to Rs 5 per kg. The prices were last increased by Rs 1 per kg on May 23. Prices had gone up by Rs 2 per kg on May 15. In Mumbai, where rates were last revised on May 14, CNG costs `84 per kg.

The CNG price hike in the NCR came just as State-owned Oil Marketing Companies started passing on the impact of higher international oil prices to consumers. Petrol price has been increased by Rs 7.35 per litre and diesel by Rs 7.53 in four instalments. Rates of petrol and diesel, as well as CNG, vary from state to state depending on the incidence of VAT.

According to IGL, CNG in Noida and Ghaziabad will now cost Rs 91.70 per kg, while in Gurugram, it will be priced at Rs 88.12 per kg. PNG continues to be priced at Rs 49.59 per standard cubic metre in Delhi. In Mumbai, PNG costs Rs 51.50 per standard cubic metre.