The price of Compressed Natural Gas was hiked again in the national capital and in major cities by Rs 2 on Tuesday, making it the fourth hike in just two weeks amid the crisis in the Middle East.
On Saturday, CNG prices rose to Rs 2 per kilogram across the Mumbai metropolitan region.
The latest revision was made by Mahanagar Gas Limited (MGL). MGL also raised the price of Piper natural gas (PNG by Rs .50.
CNG now costs Rs 86 per kilogram in Mumbai, Thane, Navi Mumbai and adjoining areas.
The new prices have been implemented from Saturday,
The price of compressed natural gas was already raised by Rs 2 on May 14. Prices rose from Rs 82 to Rs 84.
The current raise is the second in 15 days.
In Delhi, CNG now costs Rs 83.09 per kg after being hiked this week by Rs 2.
Private Vehicle owners, taxis and public transport have expressed major concerns about the prices. CNG is meant to be cheaper than petrol on a per-kilometre basis. Consumers are already facing higher fuel costs,
Industry sources say that city gas retailers have to rely partly on costlier imported gas for CNG supplies, hence the price hikes.
Here are the current CNG prices across major cities as of May 30:
Delhi – 83.09
Bengaluru – 90
Hyderabad – 97
Mumbai – 86
Chennai – 91.50
Kolkata – 93.50
Meanwhile, the centre has directed state-run fuel retailers to strengthen LPG reserves to ensure adequate supply for at least 30 days.
The move is aimed at preventing supply shortages.
