CNG price up by rRs.r1/kg from today
India, Oct. 31 -- Motorists in Mumbai and adjoining areas will pay Rs.1 more per kg for compressed natural gas (CNG) from today, after Mahanagar Gas Limited (MGL) announced a price hike. The revised rate will be Rs.90 per kg, marking the sixth increase since January.
The successive hikes have raised fuel costs for autorickshaw and taxi operators, as well as private motorists who rely on CNG. With the latest hike, CNG prices have increased by Rs.9 per kg since April.
MGL attributed the latest increase to higher input gas costs, including imported regasified liquefied natural gas (RLNG), which is linked to international gas indices. The company said rising international gas prices had increased its cost of sourcing the gas.
Auto and taxi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.