NEW DELHI: The price of Compressed Natural Gas (CNG) was increased by ₹2 per kg on Tuesday, marking the fourth revision in fuel rates in less than two weeks.
CNG will now cost ₹83.09 per kg, according to Indraprastha Gas Ltd (IGL).
This is the fourth such increase since May 15, taking the cumulative hike to ₹4 per kg. The latest revision comes just three days after the previous hike of ₹1 in CNG prices.
Meanwhile, petrol and diesel prices were increased by ₹2.61 and ₹2.71 per litre, respectively, on Monday, marking their fourth hike in under two weeks. This comes as state-owned fuel retailers continued to align pump prices with rising global crude oil costs triggered by the ongoing West Asia conflict.
With the latest revision, the cumulative increases in fuel prices since revisions resumed on May 15 have nearly reached ₹7.5 per litre, raising concerns over inflation and higher transportation costs across various sectors.
(With inputs from TNIE)
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