MUMBAI The prices of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) were hiked for the second time in April from Tuesday midnight. CNG will now be priced at ₹72/kg and domestic PNG will be available at ₹45.50/Standard Cubic Metre (SCM).
Mahanagar Gas Limited (MGL), which supplies CNG and PNG to Mumbai, increased the prices first on April 5 by ₹7 and ₹5 respectively. The recent hike is ₹5 for CNG and ₹4.50 for PNG.
On April 1, after the Maharashtra government reduced Value Added Tax(VAT) on natural gas, the MGL had slashed the rates of CNG by ₹6 and PNG by ₹3.50. In a statement, MGL said that they have always tried to stabilise the costs.
