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Mahanagar Gas hikes CNG, PNG prices

Mahanagar Gas

Mahanagar Gas increased retail prices of CNG in the city and nearby areas

Mahanagar GasMumbai: Mahanagar Gas today increased retail prices of CNG in the city and nearby areas by Rs 3 per kg to partly offset the impact of rupee fall on its input cost.

The new prices will be effective from midnight, the city- based gas supplier said in a statement.

With the latest hike which is coming within two months, the retail price of CNG (compressed natural gas) inclusive of local taxes will be Rs 38.95 per kg in Mumbai, Rs 39.69 in neighboring Thane, Rs 39.44 in Navi Mumbai and Rs 39.20 in Kalyan.

The company has also revised the domestic PNG (piped natural gas) slabs effective tomorrow.

Accordingly, the new Slab I (0 to 0.80 scmd) stands reduced to 0-0.5 scmd (standard cubic meters gas per day) and Slab II (0.81 scmd to 1.2 scmd) stands reduced from 1.2scmd to 0.51-0.9 scmd and  Slab III (1.2 scmd and above) to 0.9 scmd and above.

The new prices inclusive of all taxes will be Rs 24.09 for Slab I and Rs 26.77 for Slab II and III.

PTI

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