CNG gets dearer by 30 paisa in Delhi
April 2nd, 2011 - 7:49 pm ICT by IANSNew Delhi, April 2 (IANS) Compressed natural gas (CNG) will be slightly more expensive in Delhi as its rate is being hiked by 30 paisa per kilogram from midnight Saturday to take its price to Rs. 29.30 per kilogram.
“Minor adjustment amounting to one percent has been done because of increase in operating expenses as a result of revision of minimum wages by the government,” said Indraprastha Gas Limited (IGL) managing director Rajesh Vedvyas.
The hike “would have marginal impact on the running cost of CNG vehicles,” he added.
The price rise would be effective from midnight April 2.
“Despite the increase, CNG would still offer nearly 64 percent savings towards the running cost when compared to petrol-driven vehicles at the current level of prices. When compared to diesel- driven vehicles, the economics in favour of CNG at revised price would be over 22 percent,” added Vedvyas.
The price of the gas has also increased by 35 paisa per kilogram in neighbouring towns of Noida, Greater Noida and Ghaziabad in Uttar Pradesh, which are part of the National Capital Region. The hike takes its price there to Rs.32.85 per kg.
- CNG price raised marginally - Jun 04, 2011
- CNG price raised by Rs.2.30 in national capital region - Sep 30, 2011
- CNG prices hiked in Delhi and neighbourhood - Mar 05, 2012
- CNG prices raised up to Rs.2 a kg in NCR (Lead) - Dec 30, 2011
- CNG costs Rs.5.60 more a kg from midnight in Delhi (Lead) - Jun 16, 2010
- CNG gets dearer, to cost Rs.29 per kg - Jan 01, 2011
- CNG prices up 50 paise a kg in national capital - Mar 20, 2010
- CNG price to go up by up to Rs.2 per kg - Dec 30, 2011
- Regulator asks IGL to reduce gas prices - Apr 10, 2012
- CNG to cost Rs.5.60 more a kg in Delhi from midnight - Jun 16, 2010
- No stay on regulator's order to cut gas prices in Delhi (Lead) - Apr 11, 2012
- IGL stock rallies 29 percent on high court order - Jun 01, 2012
- Have power to frame CNG tariff rules, regulator tells court (Lead) - May 22, 2012
- Court reserves order on CNG price cut - May 24, 2012
- Piped cooking gas costlier in Delhi - Jul 01, 2010
Tags: cng vehicles, compressed natural gas, driven vehicles, economics, favour, ghaziabad, greater noida, kilogram, managing director, marginal impact, minimum wages, minor adjustment, national capital region, neighbouring towns, New Delhi, operating expenses, paisa, rajesh, running cost, uttar pradesh