CNG prices may rise by up to 50% in Mumbai

MUMBAI: Prices of Compressed Natural Gas ( CNG) could go up by anything between Rs 15 and Rs 20 in Mumbai from Sunday.

The hike, which could be as high as 50%, taking rates from the current Rs 38.95 per kg to a maximum of Rs 59 per kg, could directly affect fares of taxis, autos, buses and fleet cabs.

The price of piped natural gas ( PNG) is also likely to go up by 40% to 60%, from the existing Rs 24 per standard cubic meter (scm) to anywhere between Rs 34 and Rs 39 per scm early next month, a move that may force many households to go back to subsidised cooking gas cylinders.

Vipin Chandra Chittoda, MD of Mahanagar Gas Ltd, which supplies CNG across the city, confirmed "the price of CNG will go up by Rs 15-20 a kg and PNG by Rs 15 per kg".