MNGL slashes CNG and PNG prices by Rs 6 and Rs 5.70 respectively in Pune

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Pune, April 07, 2023: In the wake of the Union Cabinet announced a new price mechanism decision for the bulk of domestically-produced natural gas by state-run explorers resulting in a reduction of costs of piped natural gas (PNG) and compressed natural gas (CNG) for automobiles, the Pune – based City Gas Distribution (CGD) Company, Maharashtra Natural Gas Limited (MNGL), has reduced the selling price of domestic Piped Natural Gas (PNG) by Rs 5.70 per SCM and the selling price of compressed natural gas (CNG) by Rs. 6.0 per Kg in Pune city including Pimpri-Chinchwad and adjoining areas of Chakan, Talegaon and Hinjewadi with effect from the midnight of 7th / 8th April 2023.

Accordingly, MNGL has reduced retail price of PNG to Rs 51.30/- per SCM from an earlier price of Rs 57 per SCM and the retail price of CNG to Rs. 86 per KG from Rs 92.0 per KG in MNGL’s geographical areas.

After the above revision, MNGL’s CNG offers very attractive savings of around 50% and 29% as compared to petrol and diesel respectively at current price levels in Pune city for passenger car segment and around 29% for Autorickshaws.

MNGL is effecting this Natural Gas price reduction on account of a downward revision in the purchase cost of domestic natural gas. MNGL has decided to pass on the benefit of reduced gas costs to the customers.

MNGL’s Domestic PNG is around 17 % cheaper than domestic LPG cylinder prices after reduction of price revision.

Maharashtra Natural Gas Limited (MNGL) is a joint venture of two Maharatna PSUs; GAIL (India) Limited and Bharat Petroleum Corporation Limited (BPCL) with equity participation from Government of Maharashtra through MIDC and Indraprastha Gas Limited (IGL). It is a premier City Gas Distribution Company authorised in the Geographical Areas of Pune city, Pimpri-Chinchwad including adjoining areas of Hinjewadi, Chakan & Talegaon, Valsad (except area already authorized), Dhule, Nashik District and Sindhudurg District, Buldana, Nanded and Parbhani districts in Maharashtra ,Ramanagara District in Karnataka and Nizamabad, Adilabad, Nirmal, Mancherial, Kumuram Bheem Asifabad and Kamareddy districts in Telangana.


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