The Maharashtra Natural Gas Limited (MNGL) has announced an increase in the price of Compressed Natural Gas (CNG) in Pune, Pimpri-Chinchwad, and nearby areas including Chakan, Talegaon, and Hinjewadi.
MNGL stated in its press release on Tuesday that starting from July 10, the retail price of CNG will rise by ₹1.50 per kg, bringing the new price to ₹85 per kg.
This price adjustment is due to the increased cost of sourcing natural gas, including higher-priced imported gas, to meet growing CNG demand.
Despite the 2% price increase, MNGL highlights that CNG remains a cost-effective option, offering savings of around 50% compared to petrol and 28% compared to diesel for passenger cars. Autorickshaws also benefit from around 29% savings over diesel.
The prices for domestic Piped Natural Gas (PNG) will remain unchanged as mentioned in the statement by MNGL.