New Delhi: CNG value in Delhi was hiked by 80 paise per kg on Friday on the again of the federal government elevating enter pure gasoline costs to file ranges.
In keeping with the Indraprastha Fuel Ltd’s (IGL’s) web site, the corporate, which retails CNG and piped cooking gasoline within the nationwide capital, the CNG charge within the Nationwide Capital Territory (NCT) of Delhi has been elevated to Rs 60.81 per kg from Rs 60.01.
The hike comes on the again of a surge in gasoline costs globally.
In keeping with the PTI, that is the sixth time prior to now one month that CNG costs has been elevated. In whole, charges have gone up by about Rs 4 per kg.
IGL sources pure gasoline from home fields in addition to buys imported LNG.
LNG within the spot or present market touched file highs in current months, and on Thursday the federal government raised the value of gasoline produced from native fields to a file $6.10 per million British thermal unit from $2.9. This has pushed prices for IGL, necessitating the value hikes, quoting sources, the PTI stated.
Costs have gone up by about Rs 8.50 per kg this yr alone. The corporate has, nonetheless, not modified the value of pure gasoline piped to family kitchens for cooking.
The rise in CNG costs follows Rs 6.40 per litre hike in petrol and diesel costs in lower than two weeks and a Rs 50 per cylinder increase within the cooking gasoline LPG charges.
In Noida, Larger Noida, and Ghaziabad, CNG will price Rs 63.38 per kg, whereas in Gurugram the value is Rs 69.17 per kg. Charges might differ from metropolis to metropolis relying on the incidence of native taxes such because the VAT.
A file 137-day hiatus in petrol and diesel value revision ended on March 22. On the identical day, the value 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.