STATESMAN NEWS SERVICE
New Delhi, 7 February
The IGL, today announced reduction in the selling prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Delhi, Noida, Greater Noida and Ghaziabad from midnight.
The revision in prices would result in a decrease of Rs 14.90 per kg in the consumer price of CNG in Delhi and Rs 16.55 per kg in the consumer price of CNG in Noida, Greater Noida and Ghaziabad. The new consumer price of Rs 35.20 per kg in Delhi and Rs 40.15 per kg in Noida, Greater Noida & Ghaziabad would be effective from midnight.
The per km running cost of autos will come down by 43 paisa per km, while for taxis, it would reduce by 72 paisa per km. In case of buses, the running cost will decrease by over Rs 4.25 per km.
While for the domestic PNG consumers, IGL has announced reduction in the consumer prices in the price slabs with 20 per cent increase in quantity of gas in the lower price slab. Lower price slab was earlier applicable for consumption upto 30 scm in two months, which has now been enhanced upto 36 scm in two months.
"The consumer price of PNG to the households in Delhi in the lower slab is being reduced from Rs 29.50 per scm for consumption upto 30 scm in two months to Rs 24.50 per scm up to consumption of 36 scm in two months with effect from 8 February," said an IGL spokesperson.
In the higher slab, for consumption beyond 36 scm in two months, the applicable rate in Delhi would be Rs 47 per scm, which was earlier Rs 52 per scm beyond consumption of 30 scm in two months.
Due to differential tax structure in the state of Uttar Pradesh, the applicable price of domestic PNG in the lower slab to households in Noida, Greater Noida and Ghaziabad would be Rs 26.20 per scm up to consumption of 36 scm in two months, which has been reduced from existing Rs 31 per scm for consumption up to 30 scm in two months.
In the higher slab, for consumption beyond 36 scm in two months, the rate applicable in these cities would be Rs 47.65 per scm, which was earlier Rs 54 per scm beyond consumption of 30 scm in two months.
Announcing the reduction in prices of CNG and domestic PNG, Mr Narendra Kumar, managing director, IGL said, “Subsequent increase in our domestic gas allocation to meet the full requirement for CNG and domestic PNG by the government, IGL has decided to pass on the entire benefit to its esteemed consumers by reducing the consumer prices.”