IGL cuts CNG, PNG prices, Energy News, ET EnergyWorld


IGL cuts CNG, PNG pricesNew Delhi: Indraprastha Gas Ltd (IGL), the city gas distributor in Delhi and National Capital region (NCR), today announced a cut of Rs 3.20 per Kilogram (Kg) in the consumer prices of Compressed Natural Gas (CNG) in Delhi and Rs 3.60 cut per kg in Noida, Greater Noida and Ghaziabad.

“The new consumer price of Rs 42.0 per kg in Delhi and Rs 47.75 per kg in Noida, Greater Noida & Ghaziabad would be effective from 6.00 am on 3rd April 2020. The revised CNG price in Muzaffarnagar would be Rs 56.65 per kg, in Karnal would be Rs 49.85 per kg and in Rewari & Gurugram would be Rs 54.15 per kg,” the company said in a statement.

It also announced a cut in Piped Natural Gas (PNG) prices with effect from 1 April 2020. The consumer price of PNG in Delhi has been cut by Rs 1.55 per standard cubic meter (scm) from Rs 30.10 per scm to Rs 28.55 per scm, while the price of domestic PNG in Noida, Greater Noida and Ghaziabad would be Rs 28.45 per scm, which has been reduced by Rs 1.65 per scm from Rs 30.10 per scm.

In Rewari, the applicable price of domestic PNG would now be Rs 28.60 per scm, which has been decreased by Rs 1.55 per scm. IGL supplies PNG to over 9 lakh households in Delhi and over 4.5 lakh households in Noida, Greater Noida, Ghaziabad and Rewari.

“The revision in retail prices of CNG & PNG have been effected after taking into account the overall impact on the cost as a result of the reduction in prices of domestically produced natural gas notified by the government,” the company said.

With the revised price, CNG would offer over 56 per cent 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 32 per cent, IGL said.

CNG supply services of IGL are currently being rationalized for public fueling. It will continue during the lockdown period to meet the requirement of emergency and essential service vehicles. The company is running 276 CNG stations during this period.





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