Indraprastha Gas Limited (IGL) has announced a price increase for Compressed Natural Gas (CNG) across several key cities in the Delhi-NCR region, effective November 16, 2025. This move is set to affect millions of daily commuters who rely on CNG-powered vehicles.

Price Hike Details

IGL has implemented a price hike of Rs 1.00 per kilogram for CNG in the following cities:

• Noida
• Greater Noida
• Ghaziabad
• Kanpur

Reason for the Increase

The company cited fluctuations in natural gas procurement costs as the primary reason for this price adjustment. These fluctuations in the global energy market have prompted IGL to revise its pricing strategy to maintain operational viability.

Impact on Commuters

This price hike is expected to have a direct impact on the daily travel expenses of millions of commuters in the Delhi-NCR region. The increase, while modest, could accumulate to significant amounts for regular CNG users over time.

IGL's Network

IGL operates an extensive network of over 950 CNG stations across the region, serving a large customer base. This wide reach means that the price change will affect a substantial portion of the local population relying on CNG-powered vehicles for their daily commute.

Implications for Consumers

While the price increase may seem small, it could have broader implications:

1. Increased Transportation Costs: Auto-rickshaws, taxis, and other public transport vehicles using CNG may adjust their fares to compensate for the higher fuel costs.
2. Household Budgets: Families using CNG vehicles may need to adjust their monthly budgets to account for the increased fuel expenses.
3. Environmental Considerations: Despite the price hike, CNG remains a cleaner alternative to traditional fuels, which may still encourage its continued use among environmentally conscious consumers.

As the effects of this price hike unfold, commuters in the Delhi-NCR region will need to adapt to the changing cost structure of their daily transportation needs.

Indraprastha Gas Limited (IGL) has recently outlined its financial and operational plans for the fiscal year 2026 (FY26), setting ambitious targets for capital expenditure and volume growth. The company, a key player in the natural gas distribution sector, has provided guidance that reflects its commitment to expansion and diversification.

Capex Guidance and Business Focus

IGL has announced a substantial capital expenditure (capex) plan for FY26:

The company's core business capex is set between ₹1,200.00 to ₹1,400.00 crores, indicating a strong focus on strengthening its primary operations. Additionally, IGL has earmarked a potential ₹700.00 to ₹800.00 crores for diversification efforts, signaling its intent to explore new growth avenues.

Volume Growth and Operational Targets

IGL has set forth ambitious volume targets for the coming years:

The company aims to achieve a volume exit rate of 10.00 million metric standard cubic meters per day (mmscmd) by the end of FY26. This target is supported by an expected volume growth of 8.00-10.00% annually, excluding Delhi Transport Corporation (DTC) volumes. Furthermore, IGL plans to add over 1.00 mmscmd to its volume in FY27, underlining its long-term growth strategy.

Financial Performance Expectations

IGL has maintained its guidance on EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins:

The company expects to maintain an EBITDA margin between ₹7.00 to ₹8.00 per standard cubic meter (SCM), indicating a focus on maintaining profitability alongside its expansion plans.

These projections and plans demonstrate Indraprastha Gas's commitment to growth and operational efficiency in the coming years. The company's strategy appears to balance core business expansion with diversification initiatives, potentially positioning it for sustained growth in India's evolving energy landscape.