Highlight
- Indraprastha Gas Limited hiked the prices of piped natural gas on Friday
- Domestic PNG retail prices hiked with effect from August 5, 2022
- City gas distributors have been raising prices from time to time from October 2021
PNG Price Hike: Piped Natural Gas (PNG) prices were hiked by Rs 50.59 per standard cubic meter (SCM) in NCT of Delhi by Indraprastha Gas Limited (IGL) on Friday (August 5).
Domestic PNG retail prices have been increased with effect from August 5, 2022.
Check Price Hike List of Various Cities,
1. National Capital Territory of Delhi – Rs.50.59/- per SCM
2. Noida, Greater Noida and Ghaziabad – Rs. 50.46/- per SCM
3. Karnal and Rewari – Rs.49.40/- per SCM
4. Gurugram – Rs.48.79/- per SCM
5. Muzaffarnagar, Meerut and Shamli – Rs.53.97/- per SCM
6. Ajmer, Pali and Rajsamand – Rs.56.23/- per SCM
7. Kanpur, Hamirpur and Fatehpur – Rs.53.10/- per SCM
City gas distributors have been raising prices periodically since October 2021, when domestic as well as international gas prices began to climb as economies recover from the pandemic-induced slowdown across the world.
Earlier this week, Mumbai gas distributor Mahanagar Gas (MGL) also announced a second price hike of Rs 6 per kg for CNG and Rs 4 per unit for piped natural gas with immediate effect.
Read also: Mumbai: Mahanagar Gas Limited announces hike in CNG, PNG prices. check new rates
The price revision comes amid rising prices of natural gas at source for drilled gas internationally as well as domestically.
Rising prices over the past several weeks have forced suppliers and distributors to cut industrial supplies. This is the sixth hike in prices since April this year.
Read also: CNG, PNG prices hiked in Delhi-NCR Check revised rates in your city