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.
| 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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