State-run gas utility Mahanagar Gas on Wednesday cut the prices of PNG, or piped natural gas, and CNG, or compressed natural gas. CNG prices were reduced by ₹6 per kg and PNG by ₹4 per standard cubic metre. The cuts are effective from today and apply to places in and around Mumbai.
PNG, used by households in kitchens, will now cost ₹48.50 per standard cubic metre and CNG will cost ₹80 per kg. The price cut comes after the increase in allocation of domestically produced natural gas from the government.
“After the rate revision, CNG usage will help a vehicle owner save 48 per cent on fuel costs in the financial capital,” Mahanagar Gas told news agency PTI.
