CNG price hiked by Rs 2.5 per kg, piped cooking gas by Rs 4.25

TIL Desk/Business/New Delhi/ Prices of CNG in the national capital on Thursday were hiked by Rs 2.50 per kg and that of piped cooking gas by Rs 4.25 per unit to record levels on the back of surge in raw material cost.                   

CNG in the national capital territory of Delhi now costs Rs 71.61 per kg, up from Rs 69.11 per kg, according to the information posted on the website of Indraprastha Gas Ltd (IGL) — the firm which retails CNG and piped cooking gas in the national capital and adjoining cities.        

This is the third price hike this month and the 11th since March 7. In all, the CNG price has risen by Rs 15.6 per kg in less than six weeks. This includes a Rs 7.50 per kg hike in this month alone.

In the last one year, prices have increased by Rs 28.21 per kg or 60 per cent, according to data. Alongside, the rates of gas piped to household kitchens, called piped natural gas (PNG), were hiked by Rs 4.25 per cubic meters to cost Rs 45.86 per scm.