CNG Price Hike in Several Cities: Key Updates
Indraprastha Gas Limited (IGL) has announced an increase in the price of Compressed Natural Gas (CNG) in several cities outside Delhi. The hike ranges between ₹1.5 and ₹4 per kg, effective immediately. This development is expected to impact transportation costs, as auto and taxi operators may demand fare revisions.
Cities Affected by the Price Hike
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₹4 per kg Increase
- Kanpur, Hamirpur, Fatehpur
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₹3 per kg Increase
- Muzaffarnagar, Meerut, Shamli, Mahoba, Banda, Chitrakoot
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₹2 per kg Increase
- Noida, Greater Noida, Ghaziabad, Gurgaon, Karnal, Kaithal
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₹1.5 per kg Increase
- Ajmer, Pali, Rajsamand
CNG Prices in Delhi Unchanged
- Delhi has been spared from the current price hike.
- 70% of IGL's production is utilized in Delhi, making it the company's largest market.
Impact of the Price Hike
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Transportation Costs
- Auto and taxi fares may increase in the affected cities as drivers adjust to higher fuel costs.
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Public Reaction
- The price hike comes at a time when the public is already dealing with rising costs of essentials like onions and tomatoes.
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Broader Inflationary Pressure
- Increased transportation costs might further contribute to inflation in goods and services.
Background
Before this, Mahanagar Gas Limited (MGL) had increased CNG prices in Mumbai by ₹2 per kg. The trend reflects rising input costs or adjustments in gas procurement rates impacting suppliers across the country.
While Delhi remains unaffected for now, the hike in neighboring regions underscores a growing financial burden for residents dependent on CNG for daily commutes.