Mahanagar Gas Limited incorporates price hike

Updated: Dec 04, 2016, 15:50 IST | A Correspondent

In view of increase in input tax and consequent increase in gas cost, MGL is constrained to increase its CNG and Domestic PNG prices by`0.85 per Kg and `0.50 per SCM respectively w.e.f midnight of December 03, 2016/early morning of December 04, 2016

In view of increase in input tax and consequent increase in gas cost, MGL is constrained to increase its CNG and Domestic PNG prices by`0.85 per Kg and `0.50 per SCM respectively w.e.f midnight of December 03, 2016/early morning of December 04, 2016.

Accordingly, revised CNG price will be `40.82/Kgand base slab 1 domestic PNG price will be`24.42/SCMin Mumbai.Also, increase of `0.50 / SCM is being effected in slab 2 of domestic PNG prices. This price changeis also being effected in the municipalities adjoining Mumbai after factoring in implications of local municipal Octroi/LBT and/or Cess rates.

Revised prices (inclusive of local taxes) of CNG shall be in the range of `40.82/Kg to`41.58/Kg and of domestic PNG shall be in the range of `24.42/SCM to `24.63/SCM (base slab 1)in the areas / municipalities adjoining Mumbai. All our valued customers may please take note of these revisions.

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