Friday, October 1, 2010

CNG Rates To Go Up By 25p/kg In National Capital Region Townships

Indraprastha Gas Limited  (IGL), the city's sole supplier of natural gas that is used as kitchen and motor fuel, on Thursday decided to raise the price of CNG (compressed natural gas) by 25 and 40 paise a kg in Delhi and the National Capital Region townships, respectively.

In Delhi, CNG will now cost Rs 27.75 a kg and in Noida, Greater Noida and Ghaziabad the fuel will cost Rs 31 per kg. The increase accounts for less than 1 per cent of the present selling price. However, there will be no change in the price of gas piped as kitchen fuel.

IGL managing director Rajesh Vedvyas said, the ''minor adjustment'' has been carried out to meet increase in overall input cost of gas and corresponding taxes and duties. The company has to source costlier gas imported in ships to meet rising demand, which has surpassed the allocated quantity of gas at government's price. 

with thanks : Times of India : link in headline above for detailed news.
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