CNG price up 40 paise in Delhi, down 45 paise in UP

  • | Sunday | 18th November, 2018

CNG price has gone up by Rs 4.99 per Kg, or over 12%, in Delhi since November 2017. But this gap is still lucrative enough for commercial vehicles from Noida, Greater Noida and Ghaziabad to refill in Delhi, which adds to the long queues at the Capital’s CNG stations. New Delhi: Indraprastha Gas Ltd has raised CNG price in Delhi and Rewari by 40 paise per kg to offset higher input costs but reduced the rates by 45 paise in Noida, Greater Noida and Ghaziabad in the capital’s neighbourhood by passing on the benefit of tax cut announced by the UP government.CNG will cost Rs 44.70 per kg in Delhi and Rs 54.45 per kg in Rewari from Sunday . IGL said even after the latest revision, CNG would be 58% cheaper than petrol at current price level and 37% economical than diesel.The latest revision has narrowed the difference between CNG rates in Delhi and its suburbs by 33% from Rs 9.49 per kg in November 2017 to Rs 6.35. Prices have increased by Rs 1.60 per Kg, or just 3%, in Noida, Greater Noida and Ghaziabad.IGL is refuelling over 10.5 lakh vehicles in the NCR through a network of 452 CNG stations and supplying PNG to nearly 10 lakh households in Delhi and NCR townships.

New Delhi: Indraprastha Gas Ltd has raised CNG price in Delhi and Rewari by 40 paise per kg to offset higher input costs but reduced the rates by 45 paise in Noida, Greater Noida and Ghaziabad in the capital’s neighbourhood by passing on the benefit of tax cut announced by the UP government.CNG will cost Rs 44.70 per kg in Delhi and Rs 54.45 per kg in Rewari from Sunday . The new prices in UP’s Noida, Greater Noida and Ghaziabad will be Rs 50.80 per kg, the company said in a statement.According to the company, its costs went up due to revision in the proportions of cheaper domestic gas allotted for running CNG service as well as other operating expenses since the last price revision.Explaining the decrease in CNG prices in UP, the company said it was passing on to consumers the benefit of 2% additional VAT revoked by the state government after adjusting higher operational costs. IGL said even after the latest revision, CNG would be 58% cheaper than petrol at current price level and 37% economical than diesel.The latest revision has narrowed the difference between CNG rates in Delhi and its suburbs by 33% from Rs 9.49 per kg in November 2017 to Rs 6.35. But this gap is still lucrative enough for commercial vehicles from Noida, Greater Noida and Ghaziabad to refill in Delhi, which adds to the long queues at the Capital’s CNG stations. CNG price has gone up by Rs 4.99 per Kg, or over 12%, in Delhi since November 2017. Prices have increased by Rs 1.60 per Kg, or just 3%, in Noida, Greater Noida and Ghaziabad.IGL is refuelling over 10.5 lakh vehicles in the NCR through a network of 452 CNG stations and supplying PNG to nearly 10 lakh households in Delhi and NCR townships.

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