CNG, PNG Prices Increased For 2nd Time In 3 Weeks In Mumbai From Today
Mumbai: For the second time in three weeks, Maharashtra government-run Mahanagar Gas Limited (MGL) has hiked the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai from December 17 midnight.
The Mahanagar Gas Limited has increased the delivered price of CNG by ₹ 2.00/Kg and Domestic PNG by ₹ 1.50/SCM in and around Mumbai, with effect from midnight of December 17.
According to MGL, they have increased because to meet the shortfall in domestic gas allocation, MGL is sourcing additional market-valued natural gas (imported RLNG) to meet the growing need of the CNG and domestic PNG segments. ,
The input gas cost of MGL has also increased significantly due to a substantial increase in the imported RLNG price. To partially offset the increase in the input cost of gas, MGL officials claim they are bound to increase.
The revised delivered prices inclusive of all taxes of CNG will be ₹63.50/Kg and Domestic PNG Price will be ₹ 38.00/SCM in and around Mumbai.
The unions of both auto-rickshaw and taxi are demanding a fare hike owing to this increase in CNG price.
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