IGL cuts CNG prices in Delhi by Rs 2.5 per kg to ₹74.09

Indraprastha Gas Ltd (IGL) on Wednesday, March 6, reduced the prices of compressed natural gas (CNG) in Delhi by ₹2.5 per kilogram. Following the revision, which will come into effect on March 7, the cost per kilogram of CNG in Delhi now stands at ₹74.09.

Earlier on Tuesday, state-run Mahanagar Gas (MGL) also cut prices of compressed natural gas by ₹2.5 per kg to ₹73.50 per kg. The MGL in a statement said the prices are being reduced from midnight of March 5 due to a dip in gas input costs.

On Tuesday, Oil Minister Hardeep Puri also informed the Rajya Sabha that the government is making constant efforts to bring the prices of compressed natural gas under control and has delinked Indian gas prices from four international hubs based in the US, Canada, the UK and Russia, and aligned them to the Indian crude basket.