Indraprastha Gas Ltd hikes CNG rates in NCR

NEW DELHI: Indraprastha Gas (IGL) has raised prices of auto gas by Rs 2.90 per kg in Delhi and Rs 3.30 per kg in neighbouring areas because of rising input cost, rupee depreciation and recent hike in electricity rates.

The new price of compressed natural gas (CNG) is Rs 38.35 per kg in Delhi, and Rs 43.10 per kg in Noida, Greater Noida and Ghaziabad from Saturday, a company spokesman said.

He said the price increase would have "minor" impact on the running cost of vehicles in Delhi. "For autos, the increase would be 8 paisa per km, for taxi it would be 14 paisa per km and in case of buses, it would be 83 paisa per km, which translates to less than two paisa per passenger-km," he said.

The rapidly increasing CNG demand has forced the company to increase imports of LNG.