Mahanagar Gas Announces CNG, Cooking Gas Price Hike In Mumbai

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On June 22, Indraprastha Gas hiked CNG price by Re 1 per kg to Rs 75.09 in Delhi.

On June 22, Indraprastha Gas hiked CNG price by Re 1 per kg to Rs 75.09 in Delhi.

Mahanagar Gas said the increased prices will come into effect from the intervening night of July 8 and 9.

After Delhi, CNG price in Mumbai has been hiked by Rs 1.50 per kg and the rate of cooking gas piped to houses by Re 1 due to rise in input costs.

Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households for cooking purposes in Mumbai and surrounding cities, said the increased prices will come into effect from the intervening night of July 8 and 9.

“To meet the increasing volume of CNG and domestic piped natural gas (PNG) segments and due to further shortfall in domestic gas allocation, MGL is sourcing additional market priced natural gas (imported LNG) which has resulted in higher gas cost,” the firm said in a statement.

CNG Price In Mumbai

To “partially offset the increase in gas cost”, MGL has increased the delivered price of CNG by Rs 1.50 per kg and domestic PNG by Re 1 per standard cubic meter in and around Mumbai.

Accordingly, the revised delivered prices inclusive of all taxes of CNG will be Rs 75 per kg and domestic PNG price will be Rs 48 per scm in and around Mumbai.

“Even after the above revision, MGL’s CNG offers attractive savings of about 50 per cent and 17 per cent as compared to petrol and diesel, respectively, at current price levels in Mumbai, while MGL’s domestic PNG continues delivering unmatched convenience, safety, reliability and environmental friendliness to consumers,” the company said.

“Even after the minor increase, MGL’s price of CNG and domestic PNG are amongst the lowest in the country”.

CNG Price In Delhi

On June 22, Indraprastha Gas Ltd, the city gas license holder for the national capital and adjoining cities, hiked CNG price by Re 1 per kg to Rs 75.09 in Delhi. It, however, had not touched PNG rates, which continue to be priced at Rs 48.59 per scm.

CNG prices had increased by one rupee in Noida, Greater Noida and Ghaziabad. In these cities, CNG price went to Rs 79.70 per kg from Rs 78.70 per kg.

CNG prices also increased in the Rewari of Haryana, Meerut, Muzaffarnagar and Shamli of Uttar Pradesh and Ajmer, Pali and Rajsamand of Rajasthan from June 22.

(With PTI inputs)

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