CNG gets cheaper in Mumbai, MMR as Mahanagar gas reduces prices by ₹2.5/kg to ₹73.50

Mahanagar Gas has cut CNG prices by 2.50 rupees per kilograms in Mumbai area amid a fall in input costs. Effective March 6, CNG will be priced at 73.50 rupees per kilograms.

This marks the second reduction since October 2023. According to reports, Mahanagar Gas aims to promote natural gas usage by passing on cost savings promptly.

With CNG prices now offering 53% savings compared to petrol and 22% compared to diesel, the move is expected to boost natural gas consumption in transportation, aligning with India's goal of increasing natural gas share to 15% in the energy mix by 2030.

Mahanagar Gas, a leading city gas distributor, has been serving Mumbai for over 25 years. It holds the exclusive distribution rights for CNG and PNG in Mumbai and neighboring areas.

Additionally, it extends its services to approximately 20.5 lakh households and over 4,000 small commercial and industrial units in Raigad.