New Delhi: CNG price in Delhi and adjoining cities will rise by ₹ 3.89 per kg from Saturday, Indraprastha Gas Ltd said on Friday.
In a statement, IGL said a significant portion of input gas for CNG is being met through imported LNG, whose rates in the spot or current market have seen a surge since the beginning of the West Asia conflict.
"With international LNG prices remaining elevated and the cost impact becoming increasingly significant, a calibrated revision of ₹ 3.89 per kg has now become necessary to partially offset the increase in input gas cost," IGL said, adding that the revision in CNG prices is being effected from 6 a.m. on Saturday.