Indraprastha Gas Limited (IGL) has announced a price increase for Compressed Natural Gas (CNG) in Delhi, Haryana and Rajasthan effective Saturday, December 4 at 6am. With the latest price review, the revised CNG price in the National Capital Territory (NCT) of Delhi now stands at Rs 53.04 per kg. Aside from the national capital, the leading natural gas distribution company has increased CNG tariffs in a few select cities of Haryana and Rajasthan.
In Gurugram, the revised CNG price is Rs.60.40 per kg. In Rewari, CNG now costs Rs 61.10 per kg. While in Karnal and Kaithal, the revised CNG price is Rs.59.30 per kg, according to Indraprastha Gas Limited.
The natural gas company announced the latest increase in CNG rates in a series of tweets. In Rajasthan, the company said the revised CNG price in Ajmer, Pali and Rajsamand will be Rs.67.31 per kg.
As of 6 a.m. on December 4, 2021, @IGLSocial revises its CNG selling price in NCT of Delhi, Haryana and Rajasthan.
— Indraprastha Gas Ltd (@IGLSocial) Dec 3, 2021
Indraprastha Gas operates mainly in Delhi. It started as a joint venture between GAIL India, Bharat Petroleum and the Government of Delhi.
The company was established in 1998 to take over the Delhi City Gas Distribution Project from GAIL. The project has been launched to build a network to distribute natural gas in the national capital of Delhi to consumers in the domestic, transportation and commercial sectors.
On Friday, December 3, shares of Indraprastha Gas Limited on the BSE were up 1.51 percent at Rs 505.60 each.