CNG Price Hiked by Rs 1.50 in Mumbai, Now at Rs 91.50 per kg

CNG Price Hiked by Rs 1.50 in Mumbai, Now at Rs 91.50 per kg


News business economy CNG Price Hiked By Rs 1.50 Per Kg In Mumbai, Rates Rise 14% Since January: Check Latest

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The revised rates came into effect on Sunday, taking the price of compressed natural gas (CNG) to Rs 91.50 per kg across the MMR and surrounding areas.

The increase is expected to affect autorickshaw and taxi drivers, as well as private vehicle owners who rely on CNG.

The increase is expected to affect autorickshaw and taxi drivers, as well as private vehicle owners who rely on CNG.

CNG has become more expensive in Mumbai and the Mumbai Metropolitan Region (MMR), with Mahanagar Gas Limited (MGL) announcing a price hike of Rs 1.50 per kg on Saturday.

The revised rates came into effect on Sunday, taking the price of compressed natural gas (CNG) to Rs 91.50 per kg across the MMR and surrounding areas. The latest increase comes after a series of hikes this year. CNG was priced at Rs 80.50 per kg in January. With the latest revision, the fuel has become Rs 11 per kg, or around 14 per cent, more expensive in less than 11 months.

MGL has raised CNG prices eight times so far this year, taking the rate from Rs 80.50 per kg at the beginning of January to Rs 91.50 per kg currently.

CNG Price Hike To Hit Taxi, Autorickshaw Drivers

The increase is expected to affect autorickshaw and taxi drivers, as well as private vehicle owners who rely on CNG. Higher fuel prices will add to their operating costs and increase monthly transportation expenses, particularly for commercial drivers who depend on CNG for their daily earnings.

MGL attributed the latest price revision to an increase in the cost of procuring natural gas. The company cited several factors behind the rising costs, including the ongoing crisis in West Asia, reduced domestic gas allocation and greater dependence on expensive imported gas.

According to MGL, the growing share of imported re-gasified liquefied natural gas (RLNG), whose prices are linked to international markets, has put additional pressure on procurement costs. Strong demand for CNG has also contributed to the situation.

The company said the latest hike would allow it to pass on a portion of the increased gas procurement costs to consumers while ensuring a consistent and stable supply of CNG.

MGL added that it was exploring ways to reduce costs and pass on any resulting benefits to customers, while continuing to promote natural gas as a cleaner fuel.

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Following a price hike of Rs 1.50 per kg announced by Mahanagar Gas Limited, the price of compressed natural gas (CNG) has risen to Rs 91.50 per kg across Mumbai and the Mumbai Metropolitan Region.

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