Mahanagar Gas (MGL) has reduced Rs 2.50 per kilogram in the price of compressed natural gas (CNG), effective from Wednesday (February 1, 2023). After this reduction, the retail price of the fuel will come down to Rs 87 per kg in and around Mumbai. The company, however, left the price of cooking gas PNG unchanged.
Since April 6, the price of CNG had gone up by Rs 29.50 per kilogram and that of piped natural gas (PNG) for residential use by Rs 18.50 at Rs 54. CNG price on November 4, 2022 had peaked at Rs 89.50 per kilogram and that of PNG at Rs 54 a kg.
Mahanagar Gas is in the business of City Gas Distribution (CGD), supplying natural gas in the city of Mumbai including its adjoining areas and the Raigad district, in the State of Maharashtra, India.
| Company Name | CMP |
|---|---|
| GAIL India | 175.75 |
| Gujarat Energy | 394.00 |
| Indraprastha Gas | 168.60 |
| Mahanagar Gas | 1183.30 |
| Adani Total Gas | 713.45 |
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