New Delhi: Indraprastha Gas Limited (IGL) on Tuesday raised compressed natural gas (CNG) prices for the fourth time in less than two weeks, reflecting continued pressure from volatile energy markets and rising fuel costs.
CNG prices in Delhi have been increased by Rs 2 per kg, taking the revised rate to Rs 83.09 per kg from Rs 81.09 per kg.
The latest revision extends across the National Capital Region. Consumers in Noida, Ghaziabad and Greater Noida will now pay Rs 91.70 per kg, while CNG prices in Gurugram have risen to Rs 88.12 per kg. In Ajmer, rates have been revised to Rs 92.44 per kg.
The increase follows a Rs 1 per kg hike announced on Saturday, continuing a sharp upward trend in CNG prices over recent days.
The repeated revisions are expected to impact operating costs for CNG-based transport systems, including taxis, buses and commercial vehicles, particularly in major urban centres where the fuel is widely used. Industry operators have indicated that sustained cost increases could eventually translate into higher passenger fares.
The latest CNG hike comes alongside successive increases in petrol and diesel prices by state-owned oil marketing companies, marking the fourth revision in under two weeks amid heightened volatility in global energy markets and supply concerns linked to geopolitical tensions in West Asia.
In Delhi, petrol prices have risen by Rs 2.61 per litre to Rs 102.12, while diesel rates increased by Rs 2.71 to Rs 95.20 per litre.
Among major metros, Kolkata recorded one of the steepest increases, with petrol prices climbing to Rs 113.51 per litre and diesel reaching Rs 99.82 per litre.
Mumbai also witnessed notable increases, with petrol priced at Rs 111.21 per litre and diesel at Rs 97.83 per litre. In Chennai, petrol rates rose to Rs 107.77 per litre, while diesel touched Rs 99.55 per litre.
The recent fuel revisions follow a series of hikes earlier this month, including a Rs 3 per litre increase on May 15, followed by subsequent upward revisions on May 19 and May 23.
Analysts note that domestic fuel prices remain influenced by global crude oil trends, currency movements and taxation policies. Rising fuel costs are expected to increase transportation and logistics expenses, potentially adding pressure on prices of road-transported goods and raising travel costs for consumers.
The government had earlier reduced excise duty on petrol and diesel on March 27 to moderate the impact on consumers.
