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In a move that is likely to have a spiralling impact on the cost of travel for the common man, public transport and other related areas, Indraprastha Gas Limited (IGL) on Thursday announced a steep hike of Rs. 4.50 paise per Kg in the price of compressed natural gas (CNG), the second successive hike in three months. In a related move that could hurt the household budgets, IGL also hiked the price of cooking piped gas to kitchens by Rs. 5.15 per Kg with effect from Thursday midnight. Under the new pricing regime, CNG will cost Rs. 50.10 per Kg in Delhi and Rs. 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement in New Delhi. The price of piped natural gas (PNG) to the households in Delhi is being revised from Rs. 27.50 per standard cubic metre to Rs. 29.50 per scm up to consumption of 30 scm in two months. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs. 52 per scm. Due to differential tax structure in Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs. 31 per scm up to consumption of 30 scm in two months, which has been increased from existing Rs. 29 per scm. Beyond consumption of 30 scm in two months, the rate applicable in these cities would be Rs. 54 per scm. CNG price was last revised in September when it was hiked by a hefty Rs. 3.70 per kg. Price of CNG sold to automobiles in Delhi then increased from Rs. 41.90 to Rs. 45.60 per kg. Also at that time, the price of piped cooking gas, called PNG, for households has been hiked from Rs. 24.50 per scm to Rs. 27.50 per scm. The statement said the increase was primarily due to increase in input cost as a result of reallocation of domestically produced gas quantities by the government for all city gas distribution companies across the country. “There has been a reduction in allocation of APM gas to us, which is forcing us to source more quantity of market priced imported R-LNG, whose prices are currently on an upswing. This has affected our overall input cost by over 13 per cent. There has also been an increase in the operating expenses including increase in minimum wages announced by the government with effect from October 2013,” the statement added. Government reallocated domestic gas allocations to all city gas distribution companies across the country as a fall out of a recent court order. All the earlier gas allocations had been cancelled and the revised allocations now also include PMT gas, which is priced higher than APM gas. “In terms of volume, there has been nearly 5 per cent decrease in the overall quantity of domestic gas allocated to IGL for Delhi, Noida, Greater Noida and Ghaziabad. The reduction in allocation as well as increase in demand is forcing IGL to source much higher priced imported R-LNG. The prices of R-LNG have been on the rise recently and therefore, new R-LNG quantities are available in the market at much higher prices than the existing ones,” the company said. However, the company said the increase would not have a major impact on the per km running cost of vehicles. For autos, the increase would be 13 paise per km, for taxi it would be 22 paisa per Km and in case of buses, the increase would be Rs. 1.30 per km, which translates to just over two paisa per passenger-kilometre.
IGL hikes CNG price by Rs. 4.50 in Delhi...

IGL hikes CNG price by Rs. 4.50 in Delhi, NCR towns

 In a move that is likely to have a spiralling impact on the cost of travel for the common man, public transport and other related areas, Indraprastha Gas Limited (IGL) on Thursday announced a steep hike of Rs. 4.50 paise per Kg in the price of compressed natural gas (CNG), the second successive... read more »

Arafat’s death not caused by radiation
Arafat’s death not caused by radiation

Arafat’s death not caused by radiation

 A Russian probe into the death of Palestinian leader Yasser Arafat has found no trace of radioactive poisoning, the chief of the government agency that conducted the study said on Thursday. Vladimir Uiba, the head of the Federal Medical and Biological Agency, said the agency had no plans to... read more »

Court verdict has exposed conspiracy against Modi: Jaitley
Court verdict has exposed conspiracy aga...

Court verdict has exposed conspiracy against Modi: Jaitley

New Delhi – Hailing the court decision to dismiss a plea challenging the clean chit to Narendra Modi in a 2002 riots case, BJP leader Arun Jaitley Thursday said Thursday truth has prevailed and the conspiracy to implicate the Gujarat chief minister has been exposed. In a series of tweets... read more »

Top five celebrity makeovers
Top five celebrity makeovers

Top five celebrity makeovers

Los Angeles – Some chose to cut flab and others tried new hair-dos. The year 2013 saw many celebrity makeovers. Usmagazine.com listed the best celebrity makeovers of the year: * Christina Aguilera: “The Voice” coach flaunted her trimmed-down physique at various Hollywood events.... read more »

Inventor of hardcore porn` AL Goldstein dies at 77

Inventor of hardcore porn` AL Goldstein dies at 77

Melbourne – Publisher of Screw magazine AL Goldstein, who smashed down US’ legal barriers against pornography, died on Thursday at a Brooklyn hospital after a long illness. He was... read more »

Scientists create artificial muscle thousand times stronger than normal ones

Scientists create artificial muscle thousand times stronger than normal ones

Washington – Researchers have developed a micro-sized robotic torsional muscle/motor made from vanadium dioxide that for its size is a thousand times more powerful than a human... read more »

Famous Hollywood couple Brad Pitt and Angelina Jolie shop at discount store for X'mas

Jolie`s preventive mastectomy fails to raise knowledge of breast cancer risk

Washington – Angelina Jolie’s announcement of undergoing preventive double mastectomy heightened has not translated into increased understanding of breast cancer risk, according to... read more »

Most expensive Christmas pudding comes with 23,500 pound-price-tag

Most expensive Christmas pudding comes with 23,500 pound-price-tag

London – The most expensive Christmas pudding in the World has now gone on sale for 20,000 pounds. Martin Chiffers has said that the high price is because of the ingredients that will... read more »

Election Commission recognises Aam Aadmi Party as state party

Election Commission recognises Aam Aadmi Party as state party

New Delhi – Aam Aadmi Party (AAP) got recognition as a recognised state party and reserved symbol of broom in Delhi from the Election Commission on the basis of its performance in the... read more »

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