Compressed Natural Gas prices in Delhi and the National Capital Region rose for the second time in 48 hours on May 15, 2024.
This rapid increase affects millions of commuters and commercial drivers who rely on CNG as a cheaper alternative to petrol and diesel. The volatility in fuel pricing reflects the fragility of energy supply chains during geopolitical instability.
The most recent adjustment added Rs 1 per kg [6] to the cost, following a previous increase of Rs 2 per kg [7] just two days earlier. This brings the total price jump to Rs 3 per kg [6] over a 48-hour window.
In Delhi, the price has now reached Rs 80 per kg [1]. Other cities in the NCR have seen varying increases. Noida prices rose to Rs 88 per kg [2], while Ghaziabad reached Rs 88.70 per kg [3]. Gurugram prices are now Rs 85.12 per kg [4].
Additional price hikes were recorded in Meerut, Muzaffarnagar, and Shamli, where the rate is now Rs 88.50 per kg [5]. The increases also extended to other regional hubs, including Hapur, Kanpur, and Banda.
Officials said the price surge is due to rising tension in global energy markets. Specifically, the ongoing war in West Asia and the shutdown of the Strait of Hormuz have driven up fuel costs globally [8].
Opposition parties have criticized the central government for the price hikes. They said the administration has failed to shield consumers from the impact of international energy volatility.
“Delhi CNG price has now reached Rs 80 per kg.”
The rapid succession of price hikes underscores India's vulnerability to energy disruptions in West Asia. Because the Strait of Hormuz is a critical chokepoint for global oil and gas shipments, any instability in that region creates immediate inflationary pressure on domestic fuel prices, regardless of local subsidies or policies.
