Home Business CNG costs raised by 80 paise; whole hike at Rs 4 in a single month

CNG costs raised by 80 paise; whole hike at Rs 4 in a single month

CNG costs raised by 80 paise; whole hike at Rs 4 in a single month

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NEW DELHI: A day after elevating worth of pure fuel, the Centre on Friday hiked worth of compressed pure fuel (CNG) by 80 paise within the nationwide capital.
With this, the price of CNG in Delhi now stands at Rs 60.81 per kg, up from Rs 60.01 per kg earlier.
That is the sixth time that worth of CNG has been hiked within the final 1 month. The whole hike now stands at Rs 4 per kg.
The worth rise was anticipated after the federal government raised the value of fuel produced from native fields to a report $6.10 per million British thermal unit from $2.9. This in flip pushed up the enter price for Indraprastha Fuel Ltd (IGL) — the agency which retails CNG and piped cooking fuel within the nationwide capital.
Nevertheless, the price of piped pure fuel (PNG) stays unchanged.
The worth rise is in line with elevate in gas, LPD costs because of spike in world vitality costs in wake of the continued Russia-Ukraine struggle.
After a report 137-day hiatus, petrol and diesel worth revision began from March 22 and has been raised by Rs 6.4 per litre in final 11 days. On the identical day, the value of a 14.2-kg LPG cylinder was elevated to Rs 949.50 within the nationwide capital. In some locations, the LPG worth has touched Rs 1,000.

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