CNG price hiked by 85 paise per kilogram in city

After the hike in diesel and petrol prices, the cost of Compressed Natural Gas (CNG) will increase by 85 paisa a kg in the city starting Wednesday midnight.

Updated on: Nov 1, 2012, 01:26:31 IST

Hindustan Times | By Kailash Korde, Mumbai

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After the hike in diesel and petrol prices, the cost of Compressed Natural Gas (CNG) will increase by 85 paisa a kg in the city starting Wednesday midnight.

Mahanagar Gas Ltd (MGL) said CNG will now cost Rs33.95 a kg in Mumbai city. However, in adjoining Thane, Navi Mumbai, Bhiwandi and Mira-Bhayander areas, the rate will be Rs34.12, Rs34.29, Rs34.97 and Rs34.37 respectively.

Terming the 2.57% hike, as a ‘marginal increase’, MGL in its release said the hike was “due to increase in overall input costs”. It said that even after revision, CNG offered savings of about 69% and 42% as compared to petrol and diesel at current petrol and diesel prices in the city.

ABOUT THE AUTHOR
Kailash Korde
Kailash works with the political team and has been covering transport beat for over a decade. He is interested in travel and music.

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