In view of an increase in MGL’s (a) gas costs due to the recent increase in ‘Domestic Natural Gas (APM) Price’ from US$ 3.36 / MMBTU (GCV) to US$ 3.69 /MMBTU (GCV), and (b) other costs; MGL is constrained to increase the basic price of Compressed Natural Gas (CNG) by Rs. 1.51/Kg and Domestic Piped Natural Gas (PNG) by Rs 1.88/ SCM in and around Mumbai, effective from midnight of April 03, 2019 / early morning of April 04, 2019.
Accordingly, revised delivered prices inclusive of all taxes of CNG and Domestic PNG in and around Mumbai will be Rs. 51.57/Kg and Rs. 31.53/SCM (Slab 1) and Rs. 37.13/SCM (Slab 2) respectively, in place of earlier Rs. 49.61/Kg and Rs. 29.40/SCM (Slab 1) and Rs. 35.00/SCM (Slab 2) respectively.
This increase would have a marginal impact of Rs. 0.06/KM and Rs. 0.07/KM on the per KM running costs of Auto rickshaws and Taxies respectively. Even after the above revision, MGL’s CNG still continues to be a very attractive proposition and offers savings of about 53% and 37% as compared to petrol and diesel respectively at current price levels in Mumbai. Also, MGL’s Domestic PNG continues to deliver unmatched convenience, safety, reliability and environmental friendliness to consumers.
All our valued customers may please take note of these revisions.
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