In a move that is expected to push up public transport fares, the Indraprastha Gas Limited (IGL) has increased the selling price of Compressed Natural Gas (CNG) in Delhi by 2.90 per kg and in neighbouring Noida, Greater Noida and Ghaziabad by Rs 3.30 from Saturday.
A joint venture of GAIL (India) Ltd., BPCL and Government of Delhi, the company said on Friday that the revision in price has been effected since the input cost has risen substantially since the last price revision in March 2012 due to appreciation of dollar vis-à-vis the rupee and due to the increased dependence on imported Spot R-LNG.