NEW DELHI: Indraprastha Gas Ltd (IGL) late on Friday night raised CNG (compressed natural gas) prices in the Delhi to Rs 75.61 per Kg, even as the company MD Sanjay Kumar said rates would remain elevated in the near future due to high international prices of natural gas and the management was looking at cutting operational costs to soften the blow for consumers.
The rates In Noida, Ghaziabad, Gurugram and other cities in U.P., Haryana and Rajasthan served by the company will be between Rs 78.17 and Rs 86.07 a kg.
“Several factors determine CNG prices. One of them is price of natural gas from various sources, including LNG (gas imported in ships). Gas prices are expected to remain high in the foreseeable future because of the Russia-Ukraine conflict. That will impact retail CNG rates,” Kumar said.
