CNG Price Hike: CNG prices have been increased in Delhi and NCR areas on Thursday. However, the price has come down in Rewari.
CNG Price Hike: CNG prices have been increased in Delhi-NCR and surrounding areas on Thursday. CNG rates have increased by one rupee in Delhi, Noida, Greater Noida, Ghaziabad and Hapur. However, the price in Rewari has reduced by one rupee.
The new price of CNG has become Rs 75.59 per kg in Delhi, Rs 81.20 in Noida, Rs 80.20 in Greater Noida and Rs 80.20 per kg in Ghaziabad and Hapur. Earlier the rate in Rewari was Rs 82.20 per kg, which has now become Rs 81.20. There has been no change in prices in other areas. However, information about price increase has not yet been given on the website of IGL (Indraprastha Gas Limited).
The price was reduced in July
It is noteworthy that in order to provide relief from expensive CNG, the Central Government had changed the standards for determining the price of CNG in July. After this, a big fall in the price of CNG was recorded in many states including Delhi. Generally CNG is used as fuel for vehicles and also in power generation.
There was a suspicion of price rise in October itself
In October, the government had increased the prices of domestic natural gas. After this increase, the price of domestic natural gas increased from $8.60/MMBTU to $9.20/mBtu. The government had issued a notification on September 30 stating that the new rates will be applicable from Sunday i.e. October 1, 2023 to October 31, 2023. After this, the fear of the burden of inflation on the people started being expressed. This was the second consecutive month when the government increased the prices of natural gas. Earlier in September also, the price of natural gas was increased from $7.85 to $8.60.
Common people will be adversely affected
The increase in the price of CNG in Delhi-NCR will have a direct impact on the common people and the cost of many sectors like fertilizers, power sector, steel, petrochemicals. It will also hit the people who are already troubled by inflation. After CNG, now there is a possibility of increase in the prices of PNG.
