IGL hikes CNG prices in Delhi-NCR to offset increased costs

Indraprastha Gas Limited or IGL has hiked prices of compressed pure gasoline (CNG) by 70 paise per kg in Delhi and adjoining areas in the nationwide capital area. As the company has claimed, the value of CNG has been raised to partially offset the affect on account of a rise in its operational, manpower, and glued costs throughout the Covid-19 pandemic.

(Also Read: Maruti Suzuki CNG vehicles contribute over 10% of the model’s complete gross sales)

With this hike in value CNG in Delhi is priced at 43.40 per kg. The value of the CNG in Noida, Greater Noida, and Ghaziabad will likely be 49.08 per kg.

IGL has mentioned that revised pricing of CNG has grow to be efficient from Tuesday in Delhi, Noida, Greater Noida, Ghaziabad, Kanpur, Fatehpur, Hamirpur, Muzzafarnagar, Shamli, Karnal, Kaithal, and Rewari.

CNG has been in the Indian market for a really very long time and it by no means actually caught up properly in non-public use. Every time the petrol prices soared in the nation, curiosity picks up for CNG, however finally, folks transfer towards diesel as a substitute gas.

In the previous few years, the federal government has been selling the thought of utilizing different greener fuels like CNG and Auto LPG as alternate options to petrol and diesel. Maruti Suzuki and Hyundai are promoting a large variety of vehicles with CNG variants. CNG not solely reduces the operational value due to its functionality of offering higher mileage as in contrast to petrol and diesel, however it additionally helps in lowering air air pollution by emitting lesser pollution in the air as in contrast to standard fuels.

As Suyash Gupta, Director General of Indian Auto LPG Coalition mentioned to a publication, shifting to CNG for numerous autos will likely be an vital step for the nation’s technique to scale back air pollution and transfer in the direction of greener transportation.

Also, in the current context of the upward rally of auto fuels like petrol and diesel’s pricing has fuelled the CNG’s relevancy once more. In main cities throughout India, auto-rickshaws, buses and a sure variety of non-public autos to use CNG as a substitute gas. However, the newest hike in CNG value will definitely build up stress on the car homeowners and operators.

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