MUMBAI : While natural gas prices have stayed benign due to the covid-19 crisis, city gas distribution companies have revised rates citing higher minimum wages, rising operating expenses and commission payments to oil marketing companies.
In Mumbai, Mahanagar Gas Ltd (MGL) on 9 February raised compressed natural gas (CNG) price by ₹1.50 a kg, and domestic piped natural gas (PNG) prices by 95 paise per unit. The move will impact 750,000 autos, taxis and buses plying in Mumbai, and over 700,000 households which use piped gas for cooking.
“The hike has been done in order to partially cover the increase in operational, manpower and fixed costs experienced during the pandemic,” an MGL spokesperson said.
