INSUBCONTINENT EXCLUSIVE:
MGL had increased the retail price of CNG and PNG by Rs 2 each on October 4.New Delhi: Mahanagar Gas Ltd has hiked the retail price of
57.54/Kg and PNG Rs 33.93/SCM (Standard Cubic Meter) in and around Mumbai w.e.f
midnight of October 13, 2021," the natural gas distribution company tweeted.This is the second price hike in the month of October.MGL had
increased the retail price of CNG and PNG by Rs 2 each on October 4."Given the massive increase in supply side cost, the company is
constrained to increase the base price of CNG by Rs 20/kg and domestic PNG by Rs 2/SCM in and around Mumbai," it had said.Noting that the
re-gasified liquefied natural gas price is also at a historical high now, MGL had said these combinations have resulted in a significant
increase in the cost of gas being procured by it.On October 1, the government had increased the price for domestically produced natural gas
from fields to $2.90 per metric million British thermal unit and for gas produced from difficult fields such as deepsea to $6.13 per
mmBtu.The CNG and PNG rates were also increased in the national capital.After the price hike, CNG price in Delhi now stands at Rs 49.76 per
kg while PNG is sold for Rs 35.11 per Standard Cubic Meter (SCM).Also Read: Piped Cooking Gas, CNG Price Hike In Delhi, 2nd This Month
See RatesThe PNG price now stands at Rs 34.86 per SCM in Noida, Greater Noida and Ghaziabad
And, CNG is sold at Rs 56.02 per kg.
