In a significant move providing relief to consumers, Indraprastha Gas Limited (IGL) has announced a reduction in the price of Piped Natural Gas (PNG) used for cooking in the Delhi-National Capital Region (NCR). The price cut, which came into effect immediately, is set to benefit both domestic households and commercial establishments across the region.
Details of the Price Reduction
The company has slashed the price of domestic PNG by Rs 2.5 per kilogram (kg). This reduction applies to the retail selling price for consumers in Delhi and the neighboring towns of Noida, Greater Noida, and Ghaziabad. The decision was announced by IGL, which is a joint venture between GAIL (India) Ltd. and Bharat Petroleum Corporation Ltd. (BPCL), along with the Government of Delhi.
This price revision follows a period of relative stability and is attributed to favorable market conditions for gas procurement. The company stated that the reduction has been made possible due to a decline in the input gas cost. IGL regularly reviews its pricing structure based on the procurement cost of gas to pass on the benefits to its end consumers.
Impact on Consumer Bills
For the average household, this price cut translates into tangible savings on their monthly cooking gas bills. The exact saving will depend on the consumption, but it provides a direct economic benefit to families. For commercial users like restaurants, dhabas, and hotels, which have higher consumption levels, the reduction will lead to a more substantial decrease in their operational costs.
The new price makes PNG an even more attractive and economical option compared to traditional Liquefied Petroleum Gas (LPG) cylinders. PNG is already known for its convenience, safety, and continuous supply, and this price reduction further strengthens its value proposition for consumers looking for reliable cooking fuel.
Broader Implications for the Clean Energy Push
This price cut is also seen as a positive step for the government's push towards cleaner cooking fuels. By making PNG more affordable, IGL is encouraging a wider adoption of natural gas, which burns cleaner than many alternatives, contributing to better air quality in the Delhi-NCR region—a constant area of concern.
The move aligns with the national objective of increasing the share of natural gas in India's energy basket. IGL, as a key player in the city gas distribution network, plays a crucial role in this transition by expanding its pipeline infrastructure and customer base. A competitive pricing strategy is essential to accelerate this shift from more polluting fuels.
Consumers in the region are advised to check their subsequent bills to see the revised charges. IGL has a vast network supplying PNG to over 21 lakh households and numerous commercial and industrial units in the areas it serves. The company continues to focus on expanding its reach and promoting the use of natural gas as a preferred fuel for cooking, transportation, and industrial applications.
