CNG price in the national capital was on Friday cut by Rs 0.60 per kg and piped cooking gas by Rs 0.65 per standard cubic meters following a 20% slashing in natural gas rates.

Consequent upon notification of government reducing the prices of domestically produced natural gas, Indraprastha Gas Ltd announced revision in the selling prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in NCT of Delhi, Noida, Greater Noida and Ghaziabad with effect from midnight tonight.

IGL said CNG price in Delhi has been cut by Rs 0.60 per kg and by Rs 0.70 per kg in Noida, Greater Noida and Ghaziabad.

"The new consumer price of Rs 36.60 per kg in Delhi and Rs 41.90 per kg in Noida, Greater Noida & Ghaziabad would be effective from midnight of 1st/2nd April 2016," IGL said in a statement. "The price of CNG in Delhi remains lowest in the entire country."

With the objective to boost CNG refueling during non-peak hours, IGL will continue to offer a discount of Rs 1.50 per kg in the selling prices of CNG for filling between 12 am to 5 am at select outlets.

The consumer price of CNG would be Rs 35.10 per kg in Delhi and Rs 40.40 per kg in Noida, Greater Noida & Ghaziabad during 12 am to 5 am at 230 CNG stations across the region.

IGL has also announced reduction in its domestic PNG prices from Saturday. The consumer price of PNG to the households in Delhi has been reduced by Rs 0.65 per standard cubic meter from Rs 24.65 to Rs 24 per scm.

Due to differential tax structure in the state of Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 25.50 per scm, which has been reduced by Rs 0.65 per scm from existing Rs 26.15 per scm. IGL is supplying PNG to over 6,30,000 households in the region.

Government had on Thursday cut natural gas price by 20% to $3.06 per million British thermal unit.