Mahanagar Gas Limited (MGL) raises Compressed Natural Gas (CNG) prices in Mumbai and adjoining areas by ₹1.50 per kg, with revised rates set to apply from November 15. Multiple outlets report this is the eighth price hike in roughly 11 months.
The reported reason across coverage is MGL’s increased cost of procuring gas. NDTV says the hike is linked to higher input costs and is designed to help offset them while maintaining uninterrupted CNG supply. Free Press Journal adds further context, citing rising procurement costs amid the ongoing Middle East situation, reduced domestic gas allocation, and greater reliance on higher-cost imported RLNG.
While all sources broadly agree on the magnitude of the increase and the effect date, they differ in how much background they provide and whether they include the new per-kg price level and references to the number of hikes within the year.
