Mumbai CNG prices rise to Rs 91.50 per kg from Friday
Mahanagar Gas Limited increased rates by Rs 1.50 per kg, marking the eighth price hike this year.
Mahanagar Gas Limited (MGL) increased compressed natural gas (CNG) prices in Mumbai and surrounding areas by Rs 1.50 per kg on Sunday, November 15, according to Moneycontrol and News18 Marathi. The new retail rate is Rs 91.50 per kg, effective from midnight on November 14.
The price revision is the eighth increase this year, bringing the cumulative rise to Rs 11 per kg since January, when the cost was Rs 80.50 per kg. This latest hike follows a Re 1 per kg increase on November 1 and a Rs 2 increase in September.
MGL stated that the revision was necessary to maintain an uninterrupted supply and recover higher input costs. The company attributed the increase to rising gas procurement costs caused by the Middle East crisis, a reduction in domestic gas allocation, and a higher dependence on imported re-gasified liquefied natural gas (RLNG).
The price hike affects approximately 12.93 lakh CNG-powered vehicles across the Mumbai Metropolitan Region (MMR), including taxis, autorickshaws, private cars, and public transport. MGL noted that imported RLNG is linked to international benchmarks, making procurement sensitive to global market movements.
Thampi Kurian, a leader of the Mumbai Rickshawmen’s Union, said operating expenses for drivers have increased substantially while fare revisions have been slower. The minimum autorickshaw fare in the MMR was raised to Rs 27 in September, but unions are now seeking an increase to Rs 29 for the first 1.5 kilometres.