Consumer price of PNG to households in Delhi in the lower slab is being cut from Rs 29.50 per scm for consumption upto 30 scm in two months to Rs 24.50 per scm for consumption of up to 36 scm in two months with effect from February 8, 2014.
In the higher slab, for consumption beyond 36 scm in two months, applicable rate in Delhi would be Rs 47/scm, which was earlier Rs 52/scm beyond consumption of 30 scm in two months.
The rate cut follows oil ministry's decision to give city gas distribution firms cheaper domestic gas to meet all their needs for CNG and PNG supplies compared to the previous limit of 80 per cent for most states.
As a result, CNG price in Noida, Greater Noida and Ghaziabad has been cut by Rs 16.5 per kg to Rs 40.15 per kg.
Due to differential tax structure in Uttar Pradesh, the applicable price of domestic PNG in the lower slab to households in Noida, Greater Noida and Ghaziabad would be Rs 26.20/scm upto consumption of 36 scm in two months.
This has been reduced from existing Rs 31/scm for consumption upto 30 scm in two months.
In the higher slab, for consumption beyond 36 scm in two months, the rate applicable in these cities would be Rs 47.65/scm.
This was earlier Rs 54/scm beyond consumption of 30 scm in two months, IGL said in a statement.
Announcing the reduction in prices of CNG and domestic PNG, IGL Managing Director Narendra Kumar said, “Subsequent to the increase in our domestic gas allocation to meet the full requirement for CNG and domestic PNG by the government, IGL has decided to pass on the entire benefit to its esteemed consumers by reducing the consumer prices.”
Thanking the government for ensuring that all city gas distribution (CGD) companies get their full requirement from domestically produced gas, he said that this step would reduce the cost of commuting for the public apart from contributing to the environment.
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