CNG PNG Costs in Mumbai: Mumbaikars acquired one other shock amid heavy rains, now CNG-PNG might be costly, know the brand new charges

CNG PNG Costs in Mumbai: Mumbaikars, who’re struggling as a consequence of heavy rains, have gotten one other huge shock. It is a shock of inflation. Now they must pay extra for CNG-PNG. Mahanagar Gasoline Restricted has elevated the costs of each these gases. Mahanagar Gasoline has elevated the worth of CNG by Rs 1.50 per kg. On the identical time, the worth of PNG has been elevated by Rs 1 per SCM. The brand new costs will come into impact from tonight. This may make driving and cooking costly for individuals. The rise within the costs of each gases collectively can even have an effect on the finances of the individuals.

CNG, PNG prices drop, which oil and gas stocks to buy? | Stock Market News

What are the brand new charges

After this enhance, now Mumbaikars must pay Rs 75 per kg for CNG together with tax. On the identical time, home PNG will now be obtainable to individuals at Rs 48 per SCM. This price might be relevant in Mumbai and its surrounding areas. The corporate stated, “Even after the above revision, MGL’s CNG affords engaging financial savings of about 50 per cent and 17 per cent respectively in comparison with petrol and diesel at present worth ranges in Mumbai. Whereas MGL’s home PNG continues to supply unmatched comfort, security, reliability and environmental friendliness to customers.” The corporate additionally stated that even after the marginal enhance, the worth of MGL’s CNG and home PNG is without doubt one of the lowest within the nation.

CNG, PNG | Mint

Why the worth was elevated

Mahanagar Gasoline stated in an announcement, “To satisfy the rising demand of CNG and home piped pure fuel (PNG) phase and as a consequence of additional discount in home fuel allocation, MGL is receiving further pure fuel (imported LNG) at market worth, leading to enhance in fuel value.”

CNG had additionally change into costly in Delhi

On June 22, Indraprastha Gasoline Restricted, town fuel license holder for the nationwide capital and adjoining cities, had elevated the worth of CNG in Delhi by Rs 1 per kg to Rs 75.09 per kg. Nonetheless, it didn’t tinker with PNG charges, which nonetheless stand at Rs 48.59 per SCM.