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Mumbai: CNG price rises to Rs 91.50 per kg amid West Asia crisis

Mahanagar Gas Limited has increased the price of compressed natural gas (CNG) by Rs 1.50 per kg in Mumbai and adjoining areas, taking the revised rate to Rs 91.50 per kg from November 15. The company cited rising gas procurement costs and increased dependence on imported fuel

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Explaining the decision, MGL said the price revision was aimed at partially offsetting the rising cost of input gas and ensuring the continued and sustained supply of CNG to consumers.

Explaining the decision, MGL said the price revision was aimed at partially offsetting the rising cost of input gas and ensuring the continued and sustained supply of CNG to consumers.

Mahanagar Gas Limited (MGL) has increased the price of compressed natural gas (CNG) by Rs 1.50 per kg in Mumbai and adjoining areas, taking the revised rate to Rs 91.50 per kg. The new price will come into effect from November 15.

The city gas distributor attributed the increase to rising gas procurement costs amid the ongoing crisis in the Middle East, reduced domestic gas allocation and greater dependence on imported regasified liquefied natural gas (RLNG).

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