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IGL announced a minor increase of Rs 0.20 per kg in the consumer price of CNG in Delhi,and the NCR.

IGL hikes CNG prices by 0.20/kg in NCR

Indraprastha Gas Ltd (IGL),the sole supplier of CNG to automobiles and piped cooking gas,on Monday announced a minor increase of Rs 0.20 per kg in the consumer price of CNG in Delhi,and the NCR. CNG would now cost Rs 30.00 per kg in Delhi and Rs 33.60 per kg in Noida,Greater Noida and Ghaziabad from Tuesday. Explaining the reason for revision in the price of CNG,IGL Managing Director Rajesh Vedvyas said: “This minor adjustment in CNG price has been necessitated due to increase in operational expenses primarily because of recent increase in minimum wages announced by government”.

Uncertainty over Bawana power plant

Fate of the 1,500 mega watt capacity Bawana power plant in the city,hangs in balance following a refusal of Reliance Industries Ltd to supply fuel to the plant. The Centre had earlier this month conveyed that it will arrange gas to generate 750 mega watt,costing three times the price of Reliance gas. But the Delhi government had said it will not be able to afford imported fuel even if the Centre arranges it. The Centre had allocated 0.93 million cubic meters per day of gas from Reliance for the Bawana plant for 2009-10 and 2010-11. However,the Delhi government,could not sign the gas sales purchase agreement with Reliance due to delay in the Bawana project.

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