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Mahanagar Gas Limited Increases CNG and PNG Prices in Mumbai Metropolitan Region

2 sources · India

Who reported this

  • The Hindu India · Centre-left · Kasturi & Sons (family-owned)
  • The Indian Express India · Centre · Indian Express Group (Goenka family)

What the colours mean

  • Left
  • Centre-left
  • Centre
  • Centre-right
  • Right
  • A hatched block means the outlet is affiliated with, or controlled by, a state.

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Every source for this story reports from India.

Mahanagar Gas Limited (MGL) has increased the prices of Compressed Natural Gas (CNG) and Domestic Piped Natural Gas (DPNG) across the Mumbai Metropolitan Region effective September 1. CNG prices have risen by Rs 2 per kg to a new rate of Rs 88 per kg, while domestic DPNG has increased by Re 1 per standard cubic metre (SCM) to Rs 53 per SCM. MGL stated that the hike is necessary to offset rising input costs caused by the West Asia crisis and the increased cost of spot regasified liquefied natural gas (RLNG). The price increase will affect approximately 12.93 lakh vehicles, including taxis, auto rickshaws, and private vehicles. This latest adjustment follows a previous increase in May when CNG rose to Rs 86 per kg and PNG to Rs 52 per SCM. One report notes that CNG prices have cumulatively increased by Rs 6 per kg across three tranches since May 14, mirroring price hikes seen at peer company Indraprastha Gas Ltd.

How each side framed it

Centre-left
The center-left outlet framed the event within a broader market context by comparing MGL's price hikes to those of a peer company.
Centre
The center outlet focused on the specific impact on the number of vehicles and the company's goal to ensure sustained supply.

Sources

100% of the statements in this article were traced back to the source articles listed above.