IGL hikes Delhi CNG price by ₹2/kg to ₹83.09, fourth rise in two weeks
Synopsis
Key Takeaways
Indraprastha Gas Limited (IGL) on Tuesday raised compressed natural gas (CNG) prices in Delhi by ₹2 per kg, pushing the retail rate to ₹83.09 per kg from ₹81.09 per kg. This marks the fourth CNG price hike in under two weeks, compounding pressure on commuters, transport operators, and logistics businesses that run on the fuel.
City-wise CNG Rates After Latest Revision
The revision extends beyond Delhi. Consumers in Noida, Ghaziabad, and Greater Noida will now pay ₹91.70 per kg, while rates in Gurugram have climbed to ₹88.12 per kg. In Ajmer, CNG now costs ₹92.44 per kg. The latest increase follows a ₹1 hike announced on Saturday, continuing a steep upward trend that has unsettled vehicle owners across the National Capital Region (NCR).
Petrol and Diesel Also Hit — Fourth Hike in a Fortnight
State-owned oil marketing companies (OMCs) have simultaneously revised petrol and diesel prices upward for the fourth time in under two weeks. In Delhi, petrol now retails at ₹102.12 per litre — up ₹2.61 — while diesel has risen ₹2.71 to ₹95.20 per litre.
Kolkata recorded among the sharpest increases: petrol climbed ₹2.87 to ₹113.51 per litre and diesel rose ₹2.80 to ₹99.82 per litre. In Mumbai, petrol is now at ₹111.21 per litre (up ₹2.72) and diesel at ₹97.83 per litre (up ₹2.81). Chennai saw petrol rise ₹2.46 to ₹107.77 per litre and diesel increase ₹2.57 to ₹99.55 per litre.
Timeline of Recent Fuel Hikes
The current wave of revisions began on 15 May, when petrol and diesel were raised by ₹3 per litre each. A further increase of 90 paise per litre followed on 19 May. On 23 May, petrol was raised by another 87 paise and diesel by 91 paise per litre. Tuesday's CNG revision is the latest step in what analysts describe as a sustained upward correction tied to global energy volatility.
Why Prices Are Rising and Who Bears the Brunt
Experts attribute the back-to-back hikes to volatility in international crude oil markets, currency exchange fluctuations, and domestic taxation dynamics — compounded by growing concerns over crude supply amid continuing tensions in the Middle East. Notably, the government had reduced excise duty on petrol and diesel on 27 March to cushion consumers, but that relief has been overtaken by the current price cycle.
Transport operators warn that sustained higher operating costs may eventually translate into increased passenger fares, particularly in metro cities where public buses, taxis, and autorickshaws run predominantly on CNG. Broader inflation risk is also emerging: rising logistics costs could push up prices of essential goods transported by road. With no immediate signal of a rollback, consumers face a period of elevated fuel expenditure ahead.