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Mumbai CNG price hiked by Rs 2 per kg; Mahanagar Gas Limited cites global energy crisis

According to the company, geopolitical disruptions affecting the global energy supply chain, along with rising crude oil prices and depreciation of the Indian rupee, have significantly increased overall gas procurement costs

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Following the hike, CNG in Mumbai will now retail at Rs 84 per kg, inclusive of all taxes. Representational Pic

Following the hike, CNG in Mumbai will now retail at Rs 84 per kg, inclusive of all taxes. Representational Pic

Mahanagar Gas Limited (MGL) on Thursday announced a Rs 2 per kg hike in Compressed Natural Gas (CNG) prices in and around Mumbai, citing rising global energy procurement costs amid geopolitical uncertainties and increasing dependence on expensive fuel sources.

The revised rates came into effect from midnight of Wednesday and early morning of Thursday. 

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