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CNG-PNG Price Hike: The individuals of Mumbai have suffered a extreme setback of inflation. Mahanagar Gas Limited has determined to extend the costs of CNG and PNG from midnight (November 5, 2022). Mahanagar Gas Limited has introduced to extend the costs of CNG by Rs 3.5 per kg and pipe fuel ie PNG by Rs 1.5 per unit.
Mahanagar Gas Limited has taken this choice after growing the costs of pure fuel in home in addition to worldwide market. At current, in keeping with the web site of Mahanagar Gas Limited, CNG is being equipped in Mumbai at Rs 86 per kg and PNG at Rs 52.50 per unit. Earlier, the corporate had determined to extend the value of CNG-PNG in October 2022 when CNG was elevated by Rs 6 per kg and PNG by Rs 4 per SCM.
In reality, from October 1, 2022, the federal government had determined to extend the value of home pure fuel by 40 %. The value of pure fuel has been elevated from $6.1 per mmBtu to $8.57 per mmBtu. Earlier this yr, on April 1, 2022, the value of pure fuel was elevated to $ 6.10 per mmBtu. With impact from October 1, 2022, it has been elevated to $ 8.57 per mmBtu. That is, the direct costs have been elevated by as much as 40 %. There was a double value hike in April. In addition, the federal government raised the value of deep-field pure fuel from $9.92 per mmBtu to $12.6 per mmBtu.
However, attributable to the price of CNG, touring will change into costly, whereas the price of cooking meals within the kitchen goes to extend attributable to the price of PNG. Due to the Russo-Ukraine warfare, there was a rise within the costs of pure fuel within the worldwide markets. Let us let you know that the federal government evaluations the costs of home pure fuel each six months.
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