Mahanagar Gas has cut prices of compressed natural gas (CNG) by Rs 2.5 per kg, bringing it down to Rs 73.50 per kg. The prices are being reduced from midnight of March 5 due to a dip in gas input costs. The CNG price now offers savings of 53 per cent compared to petrol and 22 per cent compared to diesel at current price levels in and around Mumbai. The reduction in CNG price would help to increase the consumption of natural gas in the transportation segment, which is a step towards making India cleaner and greener.
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.
