Mumbai Metropolitan Region: CNG price up by Rs 2.58 per kg, cooking gas by 55 paise per unit

MUMBAI: The price of Compressed Natural Gas (CNG) will be hiked by Rs 2.58 per kg from Wednesday morning while the rate of piped cooking gas will go up by 55 paise per unit.
Accordingly, the revised prices of CNG inclusive of all taxes in Mumbai Metropolitan Region (MMR) will be Rs 51.98 per kg, while piped gas rates will escalate to Rs30.40 per unit (slab 1) and Rs 36 per unit (slab 2).
This is the second hike for consumers in Mumbai, Thane, Kalyan, Vasai-Virar and Navi Mumbai in five months. Earlier in February, the price of CNG was hiked by Rs1.50 per kg while domestic PNG (cooking gas) increased by 95 paise per unit.
“The hike has been done in order to partially cover the increase in operational costs and additional expenditure due to increase in gas pipeline transportation costs,” Mahanagar Gas Limited (MGL) spokesperson Neera Asthana-Phate said. She further said after the revision, CNG still offers savings of about 67% and 47% as compared to petrol and diesel at current price levels in Mumbai.
The price of petrol and diesel has witnessed a series of hikes lately, with petrol now retailing at Rs 107.20 per litre in Mumbai, while the revised diesel rate is Rs 97.29 per litre. As for cooking gas, an MGL official said it offers 35% savings as compared to current price of domestic LPG.