CNG Price Hike Hits Delhi and Surrounding Cities Amidst Supply Drop

CNG prices in Delhi and adjoining cities have been increased by Re 1 per kg due to a drop in the supply of subsidized natural gas, necessitating the purchase of more imported gas. This increment does not affect piped cooking gas prices, with the highest hike seen in Rajasthan's cities.

CNG prices in Delhi and its adjoining areas saw a sudden increase by Re 1 per kg on Saturday due to a drop in the supply of subsidized natural gas. Indraprastha Gas Ltd (IGL) made the announcement on its website, attributing the necessity to procure more imported gas as domestic supplies dwindled.

With the new rates, CNG will now cost Rs 75.09 per kg in New Delhi, a rise from Rs 74.09. In Noida, Greater Noida, and Ghaziabad, prices have surged to Rs 79.70 per kg from Rs 78.70 per kg. In contrast, the rates for piped cooking gas remain unchanged.

The shortage of domestically sourced gas, pumped out of the ground and seabed by ONGC, has led to this price adjustment as ONGC fields cover only 66-67 percent of IGL's CNG demand. Cities like Ajmer, Pali, and Rajsamand in Rajasthan now see CNG prices at Rs 82.94 per kg, up from Rs 81.94 per kg. Other city gas retailers have not yet announced similar hikes.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)