The revised promoting value of CNG in Delhi shall be Rs 74.09 per kg. (Representative picture)
IGL has introduced a value discount, a day after Mahanagar Gas decreased CNG costs by Rs 2.5 per kg
Indraprastha Gas Limited (IGL) has declared a lower within the retail shopper charges of compressed pure gasoline (CNG) inside all of the areas it serves, ranging from 6 am on March seventh.
The revised promoting value of CNG in Delhi is Rs 74.09 per kg, whereas will probably be Rs 78.70 per kg in Noida, Greater Noida and Ghaziabad.
Previously, the speed was Rs 76.59 per kg in Delhi. The revised costs in Noida, Greater Noida, and Ghaziabad now stand are down from Rs 81.20 per kg.
The retail shopper value of CNG is being lowered by Rs 2.50 per kg throughout all geographical areas of IGL from 6 am on Thursday, seventh March 2024.@PetroleumMin (1/2)— Indraprastha Gas Ltd (@IGLSocial) March 6, 2024
Following Mahanagar Gas (MGL)’s Rs 2.5 per kg CNG value discount, now set at Rs 73.50 per kg, IGL has additionally declared a value lower. This discount is credited to the lower in gasoline enter bills.
One month after Oil Minister Hardeep Puri offered an replace to the Rajya Sabha on February 5 concerning the federal government’s efforts to control compressed pure gasoline costs, each MGL and IGL have introduced value reductions.
On February 5, Puri knowledgeable the Rajya Sabha that the federal government is constantly striving to handle the costs of compressed pure gasoline and has dissociated Indian gasoline costs from 4 worldwide hubs positioned within the US, Canada, the UK, and Russia, as an alternative aligning them with the Indian crude basket.
More Push Towards Cleaner Fuel
Hardeep Singh Puri on Tuesday inaugurated 201 CNG stations throughout 17 states and India’s first small-scale LNG unit at Vijaipur in Madhya Pradesh in a transfer to extend gasoline utilization within the economic system.
The 201 compressed pure gasoline (CNG) stations devoted to the nation have been arrange by 15 metropolis gasoline distribution (CGD) entities of GAIL group in 52 geographical areas (GAs) throughout 17 states whereas India’s first small-scale LNG unit has been arrange by GAIL at its Vijaipur LPG plant, an official assertion mentioned.
Out of those 15 CGD entities, 53 stations belong to GAIL Gas Ltd, 50 to Indraprastha Gas Ltd, 43 to GAIL and 20 to Mahanagar Gas Ltd.
Besides, 4 belonged to Avantika Gas Ltd, two to Bengal Gas Company Ltd, three to Central UP Gas Ltd, one to Goa Natural Gas Pvt Ltd, three to Green Gas Ltd, one to Haridwar Natural Gas Ltd, two to Purba Bharati Gas Ltd, and one every to Rajasthan State Gas Pvt Ltd, Tripura Natural Gas Company Ltd and Vadodara Gas Ltd, amongst others.
“These stations will promote the usage of CNG as a greener alternative to conventional fuels and make it available in newer areas,” the assertion mentioned.
After the completion of ongoing CGD improvement in GAs awarded underneath the twelfth bidding spherical of Petroleum and Natural Gas Regulatory Board, virtually whole India’s inhabitants and geographical space may have entry to pure gasoline.
The nation now has greater than 6,200 CNG stations whereas the variety of home piped pure gasoline (PNG) connections stands at round 1.21 crore.
GAIL group corporations account for 40 per cent CNG stations and 64 per cent PNG connections within the nation, it mentioned.
“In accordance with the continuous innovation undertaken in the natural gas value chain, GAIL has set up India’s first small-scale LNG (SSLNG) unit at its Vijaipur LPG plant. This SSLNG technology has the potential to play a crucial role in connecting the isolated sources and consumers which are yet to be connected to the natural gas pipeline network,” it added.
(With PTI inputs)
