MGL cuts prices, MNGL too slashed CNG price by ₹4 per kg in Pune

Mahanagar Gas Ltd. (MGL) on Tuesday, August 16, cut the prices of kitchen fuel Piped Natural Gas (PNG) and automobile fuel Compressed Natural Gas (CNG), following an increase in allocation of domestically produced natural gas from the government.

The price of PNG has been reduced by Rs 4 per standard cubic metre to Rs 48.50 per SCM, while that of CNG by Rs 6 a kilogram to Rs 80 per kg, as per an official statement. After the rate revision, CNG usage will help a vehicle owner save 48% on fuel costs in the financial capital. In the case of PNG users, the savings will be 18% when compared with the most used alternative Liquified Petroleum Gas (LPG).

Maharashtra Natural Gas Limited (MNGL), also have slashed the retail selling price of CNG for vehicular segment by ₹4 per kg in Pune city as well as Pimpri-Chinchwad, Chakan, Talegaon and Hinjewadi with effect from midnight of Wednesday, August 17.

Accordingly, MNGL has reduced retail selling price of CNG to ₹87 per kg from an earlier price of ₹91 per Kg.

https://www.cnbctv18.com/business/companies/mahanagar-gas-cuts-png-and-cng-prices-on-higher-supply-from-govt-14497312.htm

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