IGL ANNOUNCES MARGINAL ADJUSTMENT IN CNG PRICES

Sarkaritel
By Sarkaritel November 17, 2018 19:05


New Delhi, 17th November 2018: Indraprastha Gas Limited (IGL), a joint venture of GAIL (India) Ltd., BPCL and Government of NCT of Delhi, today announced marginal adjustment in the selling prices of Compressed Natural Gas (CNG) in NCT of Delhi and Rewari from midnight to offset the impact on its input costs as a result of recent revision in proportions of domestic gas allocation and increase in operating expenses. In Noida, Greater Noida, Ghaziabad due to revocation of additional 2% VAT in Uttar Pradesh, the net impact will be decrease in prices to the consumers in the state.

This adjustment in prices would result in an increase of 40 paise per kg in the consumer prices of CNG in Delhi and Rewari with new consumer price of CNG to be Rs 44.70 per kg in Delhi and Rs 54.45 per kg in Rewari.

However, the consumer price of CNG in Noida, Greater Noida and Ghaziabad in Uttar Pradesh is being reduced by 45 paise per kg from tonight. The new consumer price of CNG will be Rs 50.80 per kg in Noida, Greater Noida & Ghaziabad would be effective from midnight of 17th/18th November 2018.

Sarkaritel
By Sarkaritel November 17, 2018 19:05