NEW DELHI: Indraprastha Gas Ltd on Friday raised piped natural gas (PNG) by a steep Rs 5 per unit in Delhi and Rs 5.58 in Ghaziabad and Noida. This is the highest-ever increase in PNG prices.
Simultaneously, CNG prices were also raised by 80 paise per kg, marking the sixth increase in the last one month.
The combined impact will stretch household budgets in the Capital and neighbouring towns of UP as well as prompt a clamour for increase in bus and taxi fares from operators.
The sharp increase came a day after the price of gas produced from domestic fields more than doubled to record a level in accordance with the Centre’s pricing formula.