New Delhi: With the rising gasoline prices throughout the nation, Indraprastha Gas Limited (IGL) on Thursday (July 8) announce the hike in retail rates of compressed pure fuel (CNG) in Delhi and two close by satellite tv for pc cities: Noida and Ghaziabad.
In Delhi, CNG retail value has been elevated from Rs 43.40 per Kg to Rs 44.30 per Kg whereas in Nodia the value of per Kg CNG has been hiked from Rs 49.08 to Rs 49.98. CNG prices in Ghaziabad are just like prices in Noida.
In a tweet, IGL stated, “CNG retail price in Delhi stands revised from Rs 43.40/kg to Rs 44.30/kg wef 6 am today i.e. 8th July 2021.”
CNG retail value in Delhi stands revised from Rs 43.40/kg to Rs 44.30/kg wef 6 am immediately i.e. eighth July 2021.
— Indraprastha Gas Ltd (@IGLSocial) July 8, 2021
The improve in the CNG prices has come at a time when petrol and diesel prices have reached their document highs throughout the nation. At current, petrol is promoting at over Rs 100 per litre in all main cities, with Delhi being the newest to hitch the listing on Wednesday, July 7. Also Read: Himachal Pradesh govt takes discover of overcrowding amid COVID-19, limits gathering in open areas
Meanwhile, the rise in the CNG prices can even put stress on the revenue margins of suppliers of the fuel. Another destructive impact that could be on the playing cards might be a rise in the prices of auto-rickshaw rates. Most auto-rickshaws in Delhi, Noida and Ghaziabad at the moment run on CNG. Also Read: RBI slaps penalty on SBI, Bank of Baroda and 12 different banks, ought to clients fear?
