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Mahanagar Gas increases prices of CNG, PNG from April 04

04 Apr 2019 Evaluate

Mahanagar Gas has increased basic prices of compressed natural gas (CNG) and domestic piped natural gas (PNG) by Rs 1.51 per kg and Rs 1.88 per SCM, respectively effective from April 04. In view of an increase in MGL's gas costs due to the recent increase in domestic natural gas price from USD 3.36 per MMBTU (GCV) to USD 3.69 per MMBTU (GCV), MGL is constrained to increase the basic price of CNG and PNG in and around Mumbai, effective from midnight of April 3 or early morning of April 04.

Accordingly, revised delivered prices inclusive of all taxes of CNG and PNG in and around Mumbai will be Rs 51.57 per kg and Rs 31.53 per SCM (slab 1) and Rs 37.13 per SCM (slab 2) respectively, in place of earlier Rs 49.61 per kg and Rs 29.40 per SCM (slab 1) and Rs 35 per SCM (slab 2), respectively. This increase would have a marginal impact of Rs 0.06 per km and Rs 0.07 per km on the running costs of auto rickshaws and taxies, respectively.

Mahanagar Gas (MGL) is a city gas distribution company. The company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas and in the Raigad district in the state of Maharashtra.

Mahanagar Gas Share Price

1125.45 33.95 (3.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 157.80
Gujarat Gas 362.60
Indraprastha Gas 169.25
Mahanagar Gas 1125.45
Adani Total Gas 632.90
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