CNG price hiked by Rs 2.90

Indraprastha Gas Ltd on Friday hiked the price of compressed natural gas (CNG) by Rs 2.90 per kg in Delhi and Rs 3.30 per kg in Noida, Greater Noida and Ghaziabad.

The hike will be effective form midnight.

After the hike, the fuel will retail at Rs 38.35 per kg in Delhi and Rs 43.10 per kg in Noida, Greater Noida and Ghaziabad.

In a release, IGL, a joint venture between GAIL India, Bharat Petroleum and the Government of Delhi, said that an increase in input costs due to a rising dollar and therefore a rise in the cost of imports had necessitated the hike.

This increase will have minor impact on the per km running cost of vehicles in Delhi. For autos, the increase would be 8 paisa per km, for taxis it would be14 paisa per km and in case of buses, the increase would be 83 paisa per km, the company says.

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