Delhi: CNG price hiked twice in 48 hours, crosses Rs 80 per kg

Compressed natural gas prices were on Sunday increased by Re 1 per kg across Delhi and several other cities in northern India, marking the second hike in 48 hours, The Hindu reported.

With the latest revision, CNG in Delhi now costs Rs 80.09 per kg, up from Rs 79.09 per kg following a Rs 2 increase announced on Friday.

The latest rise takes CNG prices in the capital above Rs 80 per kg for the first time.

Indraprastha Gas Limited, the largest CNG distributor in north India, said the latest revision was intended to “marginally offset the impact of increase in input gas cost along with steep appreciation of [the United States Dollar]”.

The company added that, despite the increase, CNG continued to offer savings of up to 45% in running costs compared with vehicles using other fuels at current prices.

The revised rates in Noida and Ghaziabad were Rs 88.7 per kg, while CNG in Gurugram rose to Rs 84.12 per kg.

The latest increase follows broader fuel price revisions announced on Friday when petrol and diesel prices in the country were raised by around Rs 3 per litre each.

Petrol now costs Rs 97.77 per litre, while diesel is priced at Rs 90.67 per litre, in Delhi.

The rise in fuel price comes on the back of rising global oil prices...

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