IGL slashes CNG, PNG prices

The Indraprastha Gas Limited (IGL) on Sunday announced a reduction in the selling prices of compressed natural gas (CNG) and piped natural gas (PNG) in Delhi and the Uttar Pradesh cities of Noida, Greater Noida and Ghaziabad with effect from midnight.

This follows the notification by the Government of India reducing prices of domestically produced natural gas, states a press release issued by the company. 

This is the third time in the last one year that prices have been reduced by IGL, it added.  

The revision in prices would result in a decrease of Rs 1.40 per kg in the consumer price of CNG in Delhi and Rs 1.60 per kg in Noida, Greater Noida and Ghaziabad. The new consumer price of Rs. 35.45 per kg in Delhi and Rs 40.60 per kg in Noida, Greater Noida and Ghaziabad would be effective from the midnight, the release said. 

“The price of CNG in Delhi remains lowest in the country. With the objective to boost CNG refueling during non-peak hours, IGL will continue to offer a discount of Rs 1.50 per kg in the selling prices of CNG for filling between 12 am to 5 am at select outlets.

Thus, the consumer price of CNG would be Rs 33.95 per kg in Delhi and Rs 39.10 per kg in Noida, Greater Noida & Ghaziabad during 12 am to 5 am at the select CNG stations across the region,” it said. 

The IGL has also announced a reduction in its domestic PNG prices from Monday.