In a development that would affect 24 lakh consumers in the metropolis, the Mahanagar Gas Ltd (MGL) increased the prices of Compressed Natural Gas (CNG) and Piped Natural gas (PNG) with effect from midnight of Friday.
This is the third hike in CNG and PNG prices carried out by the MGL since October 14. The hike will hit the domestic budgets of 16 lakh people living in the metropolis and neighbouring areas, eight lakh consumers using gas-powered vehicles will have to spend more because of the hike.
The MGL has increased the basic prices of CNG by Rs 3.06/kg and domestic PNG by Rs 2.26 per Standard Cubic Meter (SCM) for the Mumbai Metropolitan Region (MMR).
