In a move aimed at bolstering the consumption of natural gas and providing economic relief to its customers, Mahanagar Gas Limited (MGL) has announced substantial reductions in the prices of Compressed Natural Gas (CNG) and Domestic Piped Natural Gas (DPNG) in the Mumbai region. This decision comes in response to the Government of India’s reduction in the price of domestically produced High Pressure High Temperature (HPHT) Natural Gas.
MGL, a customer-centric company known for its commitment to affordability and sustainability, has consistently passed on the benefits of lower gas costs to its consumers. As part of this commitment, the company has announced a ₹3 per kilogram reduction in the price of CNG and a ₹2 per Standard Cubic Meter (SCM) reduction in the price of Domestic PNG. These price adjustments will come into effect from midnight on October 1, 2023, and will be reflected in the morning of October 2, 2023.
Under the revised pricing structure, the Maximum Retail Price (MRP) of CNG will stand at ₹76 per kilogram, making it an attractive and economical option for vehicle owners. MGL’s CNG now offers customers a remarkable cost advantage, with savings exceeding 50% compared to petrol and nearly 20% compared to diesel, based on current price levels in Mumbai.
Furthermore, MGL’s Domestic PNG is now priced at ₹47 per SCM, establishing itself as a cost-effective and environmentally friendly alternative to Domestic LPG. This move aligns with MGL’s commitment to providing households with unmatched convenience, safety, reliability, and environmental sustainability.
The reduction in CNG and PNG prices is expected to have a positive impact on both domestic and transportation sectors, further promoting the use of natural gas across Mumbai. Natural gas is recognized for its clean-burning properties, which contribute to reducing air pollution and greenhouse gas emissions, making it a crucial component in India’s efforts to combat climate change.
