In order to meet the shortfall in domestic gas allocation, MGL is sourcing additional market priced natural gas to cater to the increasing requirement of CNG and Domestic PNG segments. On account of substantial increase in the price of market determined priced gas coupled with rise in domestic gas price, MGL's input gas cost has also increased substantially.
Being a customer focused Company, MGL has always tried to maintain price stability for its customers. However, since the increase in input gas cost is significantly high, MGL has decided to recover such increased gas cost. Accordingly, MGL is constrained to increase the MRP of Compressed Natural Gas (CNG) by ₹6.00/Kg and Domestic Piped Natural Gas (PNG) by ₹4.00/ SCM in and around Mumbai, effective from midnight of August 02, 2022 / early morning of August 03, 2022.
The revised MRP inclusive of all taxes of CNG will be ₹86/Kg and Domestic PNG Price will be ₹52.50/SCM in and around Mumbai.
The revised MRP of CNG still offers attractive savings of about 44% as compared to petrol at current price levels in Mumbai. MGL's Domestic PNG at current MRP is cheaper than Domestic LPG while delivering unmatched convenience, safety, reliability and environmental friendliness to consumers.
All our valued customers may please take note of these revisions.
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