CNG prices hiked by ₹1; rates still low despite high new well price and cut in allocation

CNG prices hiked by ₹1; rates still low despite high new well price and cut in allocation


Amid the ongoing stalemate in the Persian Gulf, the price of CNG has increased by ₹1 from today (Sunday, May 17).

This is the second price rise in as many days. However, it needs to be noted that prices in Delhi should have gone up by ₹11/scm (Standard Cubic Metre) due to the higher new well gas price, in addition to a reduction in the Administered Pricing Mechanism (APM) gas allocation to the City Gas Distribution (CGD).

Despite these factors, the government has only announced a ₹1/scm hike today.

As a result of this recent hike, the prices in Delhi per kilogram of CNG will cost ₹80.09. In Noida-Ghaziabad, a kilogram of CNG will cost ₹88.70. Earlier on 15th May, CNG prices were increased to ₹2/kilogram.

In a statement, Indraprastha Gas Limited (IGL) said “the retail selling price of CNG has been increased by ₹1/kg wef 6 am on 17.05.2026 in all GAs of IGL. The revision in retail prices of CNG has been effected only to marginally offset the impact of the increase in input gas cost along with the steep appreciation of the USD. Even after revision, CNG would still offer upto 45% savings towards the running cost when compared to vehicles running on alternate fuel at the current level of prices.”

 

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