CNG vehicle and piped cooking gas users can look forward to their bills falling by 10-20% soon. If the regulator, Petroleum and Natural Gas Regulatory Board, has its way, Indraprastha Gas Ltd (IGL) will be forced to cut the price of CNG by around Rs. 7 a kg and Piped Natural Gas (PNG) by Rs. 2.20 a unit in the National Capital Region.
But IGL has proposed far higher charges and challenged the regulator's order in the Delhi high court on Tuesday. IGL managing director M Ravindran said the basis of the regulator's calculation was incorrect.