Advertisement

Mumbai: Fourth Hike In Prices Of Natural Gas In 2022

Now, CNG will be available in Mumbai at INR 80 per kg, whereas PNG will be accessible at INR 48.50 per Standard Cubic Meter (SCM).

Mumbai: Fourth Hike In Prices Of Natural Gas In 2022
SHARES

According to reports, the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) prices were increased by INR 4 and INR 3, respectively. Now, CNG will be available in Mumbai at INR 80 per kg, whereas PNG will be accessible at INR 48.50 per Standard Cubic Meter (SCM).

Based on accounts, this is the fourth hike in the cost of natural gas in 2022. Previously, CNG was priced at INR 76 per kg, while that of PNG was at INR 45.50 per SCM. In the earlier hike, prices of CNG were increased by INR 4.

A statement from Mahanagar Gas Limited (MGL) reportedly elaborates on how the company has always attempted to maintain price stability for its consumers. However, it added that because the increase in input gas cost is considerably high, they have decided to recover such increased gas cost. 

In light of this, MGL has claimed to have a limit to increase the MRP of CNG by INR 4 per Kg and Domestic PNG by INR 3 per SCM in and around Mumbai.

On the other hand, MGL signed a letter of intent with a private agency, The Fuel Delivery to curate mobile CNG stations in Mumbai. Narratives suggest that once the mobile refuelling unit is filled, it can refuel nearly 150 cars or 350 three-wheelers.

RELATED TOPICS
Advertisement
MumbaiLive would like to send you latest news updates