CNG, PNG prices go up again in Mumbai
In less than a month, city gas distributor Mahanagar Gas Ltd NSE 0.18 % (MGL), has, for the second time, increased prices for compressed natural gas (CNG) by Rs 6 per kilogram and piped natural gas (PNG) by Rs 4 a unit. This is also the sixth price hike since April this year.
“Due to the significant increase in input gas cost, we have decided to recover the cost. Accordingly, we’ve increased the retail price of CNG (Compressed Natural Gas) to Rs 86 (per kilogram) and domestic PNG (Piped Natural Gas) by Rs 4/SCM (standard cubic meter) to Rs 52.50 in and around Mumbai, effective from this midnight,” MGL said in a statement.
