MUMBAI Five days after the reduction of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) cost in the city, Mahanagar Gas Limited (MGL) increased the prices again from Tuesday midnight, citing increase in natural gas cost.
The price of CNG has been hiked by ₹7 and will now be available at ₹67/kg and PNG will be priced at ₹41/Standard Cubic Metre (SCM) in Mumbai, an increase of ₹5.
With the Maharashtra government reducing the Value Added Tax (VAT) on natural gas on April 1, MGL slashed the rates of CNG by ₹6 and PNG by ₹3.50/SCM. Before that, CNG was available at ₹66/kg and PNG at ₹39.50/SCM.