Mahanagar Gas Limited (MGL) announced a price increase for Compressed Natural Gas (CNG) and Pipeline Gas (PNG) in Mumbai with effect from 17 December 2021. With the latest price review, the revised CNG price in the financial capital now stands at Rs 63, 50 per kg, and PNG is sold at Rs 38/SCM (Standard Cubic Meter),
“MGL announces revised prices of CNG as Rs 63.50/Kg and PNG Rs 38/SCM in and around Mumbai on midnight of December 17, 2021,” the natural gas distribution company tweeted.
MGL announces revised CNG prices as ₹. 63.50/Kg and PNG . 38/SCM in and around Mumbai at midnight of December 17, 2021.
— Mahanagar Gas Ltd. (@mahanagargas) December 17, 2021
On Friday, December 17, shares of Mahanagar Gas were trading 2.12 percent lower at Rs 871.70 apiece on the BSE.
Earlier this month, Indraprastha Gas Limited (IGL) announced a price increase for Compressed Natural Gas (CNG) in Delhi, Haryana and Rajasthan effective Saturday, December 4 at 6am. With the latest price review, the revised CNG price in the National Capital Area (NCT) of Delhi now stands at ₹53.04 per kg.
Also read: CNG Prices Raised in Delhi, Haryana, Rajasthan: Here’s How Much You Should Pay
Aside from the national capital, the leading natural gas distribution company has increased CNG tariffs in a few select cities of Haryana and Rajasthan.
In Gurugram, the revised CNG price is Rs.60.40 per kg. In Rewari, CNG now costs 61.10 per kg. While in Karnal and Kaithal, the revised CNG price is Rs.59.30 per kg, according to Indraprastha Gas Limited.