At a time when households across the country are struggling due to rising commodity prices and inflation, there is more bad news.
The price of cooking gas delivered to household kitchens in the nation’s capital and neighboring towns rose by 2.63 rupees per unit on Friday.
Piped cooking gas price in Delhi
Piped cooking gas in Delhi will now cost Rs 50.59 per standard cubic meter, down from Rs 47.96 previouslyaccording to Indraprastha Gas Ltd – the company that retails CNG to automobiles and piped cooking gas to households in the nation’s capital and nearby towns.
The increase is intended to “partially offset the increased cost of entry gas,” IGL said in a tweet.
The increase follows the government’s requirement to use more expensive imported LNG to meet the additional demand. State-owned GAIL averages locally produced gas tariffs with imported gas before supplying city gas retailers like IGL.
Second hike in two weeks
This is the second price increase in less than two weeks. The rates were last revised on July 26, at Rs 2.1 per unit.
PNG prices in Noida, Ghaziabad and Gurugram
IGL said PNG in Noida, Greater Noida and Ghaziabad which adjoin Delhi will cost Rs 50.46 per scm while in Gurugram the price will be Rs 48.79 per scm.
In Mumbai, Mahanagar Gas Ltd raised the price of CNG by Rs 6 per kg and PNG by Rs 4 per unit.
“Due to the significant increase in the cost of input gas, we have decided to recoup the cost. Accordingly, we have increased the retail price of CNG to Rs 86 per kg and increased the domestic PNG from Rs 4 to Rs 52.50 in and around Mumbai,” MGL said in a statement.
Domestic LPG Cylinder Price
PNG’s price hike comes a month after the price of domestic liquefied petroleum gas cylinders was increased by Rs 50 per cylinder.
With this, unsubsidized LPG will now cost Rs 1,053 per 14.2 kg cylinder in Delhi.
This is the third time since May that the price of domestic LPG cylinders has been raised by oil companies.
Previously, domestic bottle prices were increased by Rs 4 on May 19, 2022.
Before that, on May 7, the price was increased by Rs 50 per cylinder.
There was also a rise of Rs 50 in March this year.
In July, Oil Minister Hardeep Singh Puri said gas prices could not be looked at in isolation and fuel prices had remained stable despite volatility in international oil markets.
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