CNG price up 1 to 78/kg, auto drivers want fare hike

Dec 27, 2024

An MGL official said, "MGL is sourcing additional market-priced natural gas (imported), which resulted in higher gas costs. To partially offset the increase in gas cost, MGL is constrained to increase the delivered price of CNG by a rupee per kg."
In just over a month, Mahanagar Gas Ltd (MGL) announced a further hike of a rupee per kg in CNG prices across the Mumbai Metropolitan Region this week. This follows the previous hike of INR 2 per kg on Nov 24.

With this, the revised retail price of CNG at the pumps is INR 78 per kg while piped gas price continues to be at the same rate of Rs 48 per unit, an MGL official said. A substantial number of public transport vehicles such as autos, taxis, and buses across the region depend on CNG for daily fuel. Industry sources said with the escalation in CNG rates, the auto union will renew its demand for a INR 3 increase in the minimum fare—from INR 23 to INR 26 in MMR.

Mumbai Rickshawmen's Union's Thampy Kurien said his union will petition the new govt, demanding a hike of INR 3 in autorickshaw fare.

The union has calculated the increase based on a govt- approved formula—which considers the cost of living index, fuel, maintenance, and other factors. The calculation indicates the hike should be INR 2.67 in fare—which is approximately a INR 3 hike in the minimum auto fare.

An MGL official said, "MGL is sourcing additional market-priced natural gas (imported), which resulted in higher gas costs. To partially offset the increase in gas cost, MGL is constrained to increase the delivered price of CNG by a rupee per kg."

The official added, "Recently, we inaugurated a new spacious CNG refuelling station in Byculla to cater to those having green fuel vehicles in south Mumbai. Additionally, it will encourage more citizens to switch to CNG. With these new outlets, MGL now has 358 CNG stations across our operational areas in MMR."

The new CNG station at Byculla comprises 10 dispensing points and has a compression capacity of 17,000 kg/day. Even after the cumulative hike of INR 3 in November and December, MGL's CNG offers advantageous savings of about 49% and 14% compared to petrol and diesel, the official said.

Mumbai: In just over a month, Mahanagar Gas Ltd (MGL) announced a further hike of a rupee per kg in CNG prices across the Mumbai Metropolitan Region this week. This follows the previous hike of INR 2 per kg on November 24.

With this, the revised retail price of CNG at the pumps is INR 78 per kg while piped gas price continues to be at the same rate of INR 48 per unit, an MGL official said. A substantial number of public transport vehicles such as autos, taxis, and buses across the region depend on CNG for daily fuel. Industry sources said with the escalation in CNG rates, the auto union will renew its demand for a INR 3 increase in the minimum fare—from INR 23 to INR 26 in MMR.

Mumbai Rickshawmen's Union's Thampy Kurien said his union will petition the new govt, demanding a hike of INR 3 in autorickshaw fare.

The union has calculated the increase based on a govt- approved formula—which considers the cost of living index, fuel, maintenance, and other factors. The calculation indicates the hike should be INR 2.67 in fare—which is approximately a INR 3 hike in the minimum auto fare.

An MGL official said, "MGL is sourcing additional market-priced natural gas (imported), which resulted in higher gas costs. To partially offset the increase in gas cost, MGL is constrained to increase the delivered price of CNG by a rupee per kg."

The official added, "Recently, we inaugurated a new spacious CNG refuelling station in Byculla to cater to those having green fuel vehicles in south Mumbai. Additionally, it will encourage more citizens to switch to CNG. With these new outlets, MGL now has 358 CNG stations across our operational areas in MMR."

The new CNG station at Byculla comprises 10 dispensing points and has a compression capacity of 17,000 kg/day. Even after the cumulative hike of INR 3 in November and December, MGL's CNG offers advantageous savings of about 49% and 14% compared to petrol and diesel, the official said.