CNG rates have been increased by ₹2 per kg from Sunday, marking the second price hike in 48 hours for Delhi-NCR. According to reports from Business Standard, in Delhi, CNG will now cost ₹80.09 per kg, while in Noida-Ghaziabad, CNG will cost ₹88.70 per kg. This follows an earlier increase on 15th May when CNG prices were raised to ₹2 per kg. Before Sunday's revision, CNG cost ₹79.09 per kg in Delhi and ₹84 per kg in Mumbai. The latest increase represents a ₹1 rise from the previous day's rates, with the revision coming after Indraprastha Gas Ltd. hiked prices by ₹2 per kg in Delhi, a day after similar hikes were announced in the Mumbai Metropolitan Region.
The consecutive price increases within a short timeframe represent significant changes for consumers in the Delhi-NCR region. As reported by Business Standard, this marks the second increase in prices in just two days, indicating potential market pressures affecting CNG pricing dynamics in the region. The rise in CNG prices follows a broader increase in transport fuel rates across the country, with petrol and diesel prices rising by up to ₹3.25 per litre on Friday, marking the first increase in more than four years. The hike is expected to directly impact transportation and daily household expenses, with the latest increases linked to rising global crude oil prices and the ongoing Iran conflict. Recent social media commentary highlights how middle-class families are now calculating every kilometre before driving, reflecting the impact of these fuel price increases on daily commuting costs.
The latest pricing reflects a ₹2 increase across both Delhi and Noida-Ghaziabad markets. According to Business Standard reports, the differential pricing between Delhi and Noida-Ghaziabad remains at ₹8.61 per kg, with Noida-Ghaziabad commanding a premium over Delhi rates. This pricing structure continues to reflect the regional variations in fuel costs across different cities. In the Mumbai Metropolitan Region, CNG prices have also climbed to ₹84 per kg. The current price increases are part of a major retail fuel hike linked to rising global crude oil prices and the ongoing Iran conflict, affecting fuel prices across India.
The CNG price increases are part of a broader trend of rising fuel costs across India following a major retail fuel hike. As reported by Business Standard, petrol and diesel prices were raised by up to ₹3.25 per litre on Friday, with petrol prices in Delhi reaching ₹97.77 per litre and diesel at ₹90.67 per litre. Fuel prices have also reached record levels in several cities including Mumbai, Kolkata, Chennai and Hyderabad, with petrol being sold at over ₹110 per litre in some states. The revision comes amid disruptions in global energy markets linked to the ongoing Iran conflict, with Indraprastha Gas Ltd. supplying gas to Delhi-NCR and adjoining markets. The government has assured that there is no shortage of petrol, diesel or LPG in the country, with Union Minister Hardeep Singh Puri stating that fuel supply remains normal despite the global energy crisis and rising crude oil prices.
