Indraprastha Gas Limites Sole Suplier of CNG & PNG in Delhi NCR today annoucced cut CNG price in the national capital was today cut by asteep Rs 14.90 per kg and cooking gas piped into kitchens by Rs 5 per unit with effect from midnight tonight.
CNG prices has been reduced from RS 50.10 to Rs 35.20 per kg .
PNG Prices has been cut by Rs 5 per standard cubic meters (scm) per day.
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This is the first reduction in fuel rates in almost six years. CNG rate was cut in March 2008 when prices were cut by 30 paise following a reduction in excise duty.
This relief may not lasts long as domestic natural gas prices will almost be doubled to USD 8-8.2 from April 1. The rate hike by Govt. may results into a CNG price increase of Rs 10.6 per kg and PNG rates of Rs 8/scm.
This rate cut happens due to govt. annoucement for increase in Subsidy to 100%.
Last Price hike happens when there was annoucement for reduction in subsedised gas.
PNG Prices has been cut by Rs 5 per standard cubic meters (scm) per day.
This is the first reduction in fuel rates in almost six years. CNG rate was cut in March 2008 when prices were cut by 30 paise following a reduction in excise duty.
This relief may not lasts long as domestic natural gas prices will almost be doubled to USD 8-8.2 from April 1. The rate hike by Govt. may results into a CNG price increase of Rs 10.6 per kg and PNG rates of Rs 8/scm.
This rate cut happens due to govt. annoucement for increase in Subsidy to 100%.
Last Price hike happens when there was annoucement for reduction in subsedised gas.