<a href="https://www.mid-day.com/mumbai/mumbai-news/article/cng-price-hike-mumbai-cng-price-hiked-by-rs-2-per-kg-mahanagar-gas-limited-cites-global-energy-crisis-23630409" target="_blank" rel="none noopener">Compressed natural gas (CNG) prices</a> in the national capital were increased by Rs 1 per kg on Saturday, marking the third hike in less than two weeks amid rising energy costs and pressure on fuel markets.
With the latest revision, the retail price of CNG in Delhi has risen from Rs 80.09 per kg to Rs 81.09 per kg, according to Indraprastha Gas Limited (IGL).
The increase comes at a time when petrol and diesel prices have also been revised upward across the country, adding to concerns over rising transportation and household expenses.
<h2>Third CNG price increase in 10 days</h2>
This is the third upward revision in <a href="https://www.mid-day.com/business/business-news/article/delhi-cng-becomes-costlier-by-rs-1-for-second-time-in-less-than-a-week-23630853" target="_blank" rel="none noopener">CNG rates</a> since May 15. Earlier, prices were increased by Rs 2 per kg on May 15, followed by another Re 1 per kg hike on May 17.
In total, CNG prices in Delhi have gone up by Rs 4 per kg within 10 days.
Neighbouring cities in the National Capital Region (NCR) also witnessed revised prices. CNG in Noida, Greater Noida and Ghaziabad is now retailing at Rs 89.70 per kg, while Gurugram recorded a revised price of Rs 86.12 per kg.
The repeated hikes are expected to affect commercial vehicle operators, cab drivers and daily commuters who depend heavily on CNG-powered vehicles.
<h2>Transport and logistics sector likely to feel impact</h2>
Industry observers said the latest increase could push up transportation and logistics costs, especially in urban centres where CNG is widely used in public and commercial transport.
Auto-rickshaw drivers, taxi operators and fleet owners are likely to face higher operating expenses, which may eventually be passed on to consumers through increased fares and service charges.
Economists also warned that higher <a href="https://www.mid-day.com/news/india-news/article/petrol-diesel-prices-rise-again-fuel-rates-increased-for-third-time-in-10-days-23631835" target="_blank" rel="none noopener">fuel costs</a> can contribute to inflationary pressure by increasing the cost of transporting goods and essential commodities.
<h2>Petrol and diesel prices also revised upward</h2>
The CNG hike comes on the same day that state-owned oil marketing companies increased petrol and diesel prices for the third time in around 10 days.
Petrol prices were raised by 87 paise per litre, while diesel rates went up by 91 paise per litre in several cities.
In Delhi, petrol prices increased from Rs 98.64 per litre to Rs 99.51 per litre, while diesel rose from Rs 91.58 to Rs 92.49 per litre.
Mumbai continued to record some of the highest fuel prices among metro cities, with petrol priced at Rs 108.49 per litre and diesel at Rs 95.02 per litre.
In Kolkata, petrol touched Rs 110.64 per litre, while diesel prices reached Rs 97.02 per litre.
<h2>Rising global crude prices driving revisions</h2>
The recent fuel price increases have largely been linked to rising global crude oil prices and geopolitical tensions in <a href="https://www.mid-day.com/mumbai/mumbai-news/article/mumbai-wiaa-chief-seeks-fuel-tax-relief-stronger-public-transport-as-prices-soar-23631272" target="_blank" rel="none noopener">West Asia</a>, which continue to affect international energy markets.
Government officials have maintained that India has managed to limit the overall rise in fuel prices despite volatility in global crude rates.
Earlier this month, Union Minister Kiren Rijiju said the government had tried to contain the impact of rising international oil prices on domestic consumers.
However, the continuing revisions in petrol, diesel and CNG rates are likely to add to the financial burden on households and transport-dependent sectors in the coming weeks.
(With inputs from Agencies)

Compressed natural gas (CNG) prices in the national capital were increased by Rs 1 per kg on Saturday, marking the third hike in less than two weeks

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With the latest revision, the retail price of CNG in Delhi has risen from Rs 80.09 per kg to Rs 81.09 per kg, according to Indraprastha Gas Limited (IGL)

CNG prices in Delhi hiked by Rs 1, reaches Rs 81 per kg

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