Government said that the selling price of power generated by gas-based plants will go up by up to Rs 1.20 per unit on<br/>account of the hike in the price of natural gas. <br/><br/>Talking to reporters on the sidelines of a FICCI event in New Delhi, Power Minister Sushil Kumar Shinde said that the increase in administered gas price will certainly<br/>increase the electricity rates because the cascading effect is<br/>bound to come on such things, He said the cost of generation would go up by 90 paise to Rs 1.20 per unit (Kwh)for gas-based power plants in the country and added the consumer prices are also sure to go up, but the exact quantum will be worked out.