CNG price hiked by ₹3 per kg in Pune, Pimpri-Chinchwad

PUNE The Maharashtra Natural Gas Limited (MNGL) has hiked the retail price of Compressed Natural Gas (CNG) for the vehicular segment in Pune city including Pimpri-Chinchwad and adjoining areas of Chakan, Talegaon and Hinjewadi with effect from midnight of Wednesday.

According to company officials, MNGL has increased the CNG rates by ₹3 per kg inclusive of taxes. The CNG retail selling price has been revised from ₹82 per kg to ₹85 per kg. The prices were hiked for the seventh time in the past few days.

MNGL said price revision is “on account of increase in input cost of domestic natural gas.” The company said, “The Re-Gasified Liquefied Natural Gas (R-LNG) is mixed to meet the shortfall of domestic natural gas availability in CNG and domestic Piped Natural Gas (PNG) sectors. This combination has led to a significant increase in the input cost of gas being procured by MNGL. However, MNGL has decided to pass on the increased gas cost to the customers in a phased manner.”