IGL Share Price in Focus; Reduces Piped Cooking Gas Prices in Delhi and NCR from January 1, 2026

Indraprastha Gas Ltd (IGL) has announced a reduction in piped natural gas prices for household cooking across Delhi and NCR cities. 

The revised rates will take effect from January 1, 2026. This adjustment follows recent changes to pipeline transportation tariffs introduced by the Petroleum and Natural Gas Regulatory Board (PNGRB), which are intended to simplify pricing and reduce costs in the city gas distribution sector.

Details of the Price Reduction

IGL has cut the price of domestic piped natural gas by ₹0.70 per standard cubic metre for residential consumers. The company confirmed that the revised prices will apply from January 1, 2026.

Revised PNG Prices Across Cities

After the reduction, domestic PNG prices will be ₹47.89 per scm in Delhi, ₹46.70 per scm in Gurugram, and ₹47.76 per scm in Noida, Greater Noida, and Ghaziabad. These rates are applicable from the start of the new calendar year.

Reason Behind the Price Cut

The price adjustment follows reforms announced by PNGRB on December 16, which revised pipeline tariffs for natural gas transportation. 

These changes aim to make tariff structures more uniform and transparent for both suppliers and consumers.

Changes in Pipeline Tariff Structure

Under the updated tariff regime effective January 1, 2026, PNGRB has reduced the number of distance-based tariff zones from three to two. 

A single lower Zone-1 tariff now applies nationwide for domestic PNG and CNG users, regardless of their distance from gas sources.

Impact on the City Gas Distribution Sector

Other city gas distributors, including Think Gas, have also announced reductions in CNG and domestic PNG prices across several states ahead of the new tariff regime coming into force on January 1, 2026.

IGL Share Price Performance

Indraprastha Gas Limited shares were trading higher on January 1, 2026, reflecting a positive intraday performance. The stock was priced at ₹195.40 at around 9:16 AM, registering a gain of 0.18 points or 0.09% compared to the previous close of ₹191.38.

It opened the session at ₹192.05 and moved within a range of ₹191.56 to ₹195.70 during early trade.

Read More: Are Commodity Markets MCX and NCDEX Closed Today on January 1, 2026?

Conclusion

The reduction in domestic PNG prices by IGL reflects the impact of regulatory changes aimed at rationalising natural gas transportation costs. While the immediate benefit for households may be limited, the revised tariff structure could influence pricing trends across the city gas distribution sector over time.

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