NEW DELHI : In a relief to compressed natural gas (CNG) and piped natural gas (PNG) consumers during the nationwide lockdown, state owned Indraprastha Gas Limited (IGL) on Thursday reduced prices. “This revision in price would result in a decrease of ₹3.20 per kg in the consumer prices of CNG in Delhi and ₹3.60 per kg in Noida, Greater Noida and Ghaziabad," the company said in a statement.
The price revision comes in the backdrop of India slashing the domestic natural gas price for1 April—30 September time period to $2.39 per million British thermal units (mmBtu)—the lowest under the new domestic gas price regime, which was introduced in 2014.
Read more on livemint.com