Mahanagar Gas Limited (MGL) raises CNG prices across the Mumbai Metropolitan Region by ₹2 per kg, bringing the rate to ₹86/kg. The increase is the second such hike by MGL within the month, following an earlier adjustment. Multiple reports attribute the move to higher fuel costs and ongoing supply concerns tied to disruptions in West Asia and broader global energy market pressure. One outlet links the change to disruptions associated with the US-Iran conflict, while another describes the situation more generally as supply disruptions affecting global energy flows. Both accounts also point to sustained cost pressures in the global crude oil market as a driver behind the tariff revision. The price adjustment applies to customers served by MGL within the Mumbai Metropolitan Region, and it reflects MGL’s pass-through of changes in underlying gas and energy costs. The current revision follows MGL’s earlier increase earlier in the same month, indicating a pattern of near-term upward adjustments rather than a single one-off change.
Mumbai CNG price rises again to ₹86/kg in MGL’s second hike this month
Mahanagar Gas Limited (MGL) raises CNG prices across the Mumbai Metropolitan Region by ₹2 per kg, bringing the rate to ₹86/kg. The increase is the second such hike by MGL within the month, following a...
- Mahanagar Gas Limited (MGL) increases CNG prices by ₹2 per kg.
- The new Mumbai Metropolitan Region CNG rate is ₹86/kg.
- MGL makes this the second CNG price hike in the month.
- The increase is driven by higher fuel costs and global supply disruptions.
- Sources cite West Asia-related disruptions and sustained pressure in global crude oil markets.
MGL has increased CNG prices across the Mumbai Metropolitan Region for the second time this month amid rising energy costs and supply concerns linked to global market disruptions
2 months agoMahanagar Gas Limited has raised CNG prices for the second time in weeks, as fuel costs across India climb in the wake of supply disruptions linked to the US-Iran conflict and sustained pressure on global crude oil markets.
2 months ago
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