Mumbai CNG Price Hike: MGL Raises CNG Rate By ₹1 To ₹89 Per Kg From Today, Citing Rising RLNG Costs Amid Middle East Crisis
Mumbai: CNG prices in Mumbai and adjoining areas have increased by ₹1 per kg from Thursday, with Mahanagar Gas Limited (MGL) citing a sharp rise in the cost of domestically produced and imported regasified liquefied natural gas (RLNG) amid the ongoing crisis in the Middle East. Also Watch: With the revision, CNG will now cost ₹89 per kg in and around Mumbai. The new rate came into effect from…
Mumbai's CNG prices saw a ₹1 increase per kilogram on September 30, as Mahanagar Gas Limited (MGL) reported a surge in the cost of regasified liquefied natural gas (RLNG) due to the Middle East crisis. The new price stands at ₹89 per kilogram, effective midnight of the same day. MGL's statement explained that a large share of CNG gas is sourced from imported RLNG, with international market prices driving the increase.
The company aims to offset the higher input costs while maintaining a reliable supply of CNG to customers, which include taxis, buses, and private vehicles in the city and nearby regions. This price hike could potentially raise transportation expenses for commuters and commercial vehicle operators. MGL serves more than 1.3 million vehicles through over 500 CNG stations and connects approximately 3.2 million households to PNG in Mumbai, Thane, Raigarh, Ratnagiri, Latur, Dharashiv, Chitradurga, and Davangere.
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