New Delhi, Aug. 29 -- The price of Compressed Natural Gas (CNG) was hiked by Rs.3.89 per kg in Delhi. The new rates will be effective from 6:00 am on Saturday, August 29, according to a press release by Indraprastha Gas Limited (IGL).

With an increase of Rs.3.89 per kg, CNG in Delhi will now cost Rs.86.98 per kg, up from Rs.83.09 per kg. CNG is mostly used in private cars, autos, taxis, and other public transport.

"With international LNG prices remaining elevated and the cost impact becoming increasingly significant, a calibrated revision of Rs.3.89 per kg has now become necessary to partially offset the increase in input gas cost," IGL said, adding that the revision in CNG prices is being effected from 6 am on Saturday.

According to t...