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Big relief: CNG, PNG prices slashed in Delhi

New Delhi: Prices of compressed natural gas and piped natural gas in Delhi will be reduced by Rs 15 per kg and Rs 5 per cubic metre respectively.The CNG price in the capital has gone

India TV News Desk India TV News Desk Updated on: February 03, 2014 16:43 IST
big relief cng png prices slashed in delhi
big relief cng png prices slashed in delhi

New Delhi: Prices of compressed natural gas and piped natural gas in Delhi will be reduced by Rs 15 per kg and Rs 5 per cubic metre respectively.


The CNG price in the capital has gone up by nearly 30 per cent over the last one year but this reduction will bring a relief  to CNG vehicle owners.

This slash is the result of Ministry of Petroleum's decision to raise the share of domestic gas to 100 per cent.

Presently the distributor of CNG in Delhi, namely the Indraprashta Gas Ltd (IGL), is constrained to import gas at much higher prices, which in turn led to increase in the price of CNG.
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