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Indian-Commodity  :  Corporate  :  Indraprastha Gas hikes selling prices of CNG, PNG

Indraprastha Gas hikes selling prices of CNG, PNG (26-Jul-2017)

Indraprastha Gas (IGL) has revised the selling prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in NCT of Delhi, Noida, Greater Noida and Ghaziabad. This step has been taken by the company in order to offset the overall impact on its costs after transition to GST regime.

The revision would result in an increase of Rs 1.11 per kg in the consumer price of CNG in Delhi and Rs 1.27 per kg in the same in Noida, Greater Noida and Ghaziabad. The new consumer price of Rs 38.76 per kg in Delhi and Rs 44.42 per kg in Noida, Greater Noida & Ghaziabad would be effective from midnight of July 25, 2017. For households, the company revised the PNG price from Rs 24.86 per standard cubic meter (scm) to Rs 25.19 per scm in Delhi.

IGL is engaged in distribution of CNG and PNG in Delhi. IGL laid the network for the distribution of natural gas in the National Capital of Delhi to consumers in the domestic, transport, and commercial sectors.



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