CNG Price Cut| CNG becomes cheaper in Mumbai, you will get relief after knowing the new rates

The price of CNG has come down in the country’s financial capital Mumbai. The fall in CNG prices is a big step for Mumbaikars before the Lok Sabha elections. The price of CNG in Mumbai has decreased by Rs 2.5 per kg. The new prices in Mumbai have come into effect from late Tuesday night.

According to media reports, the reduction in CNG prices by Mahanagar Gas Limited will bring great relief to people’s pockets. There has been a decline in the prices of CNG from MGL operating in Maharashtra. The price of CNG has become cheaper by Rs 2.5 per kg. After the fall in price, now the price of CNG has come down to Rs 73.50 per kg. Earlier, the price of CNG in Mumbai was Rs 76 per kg.

The price decreased due to this

According to the information, MGL had also issued a statement late on Tuesday night, in which information regarding the fall in prices was shared. Regarding reduction in prices, the company said that the decision to reduce the price of CNG has been taken due to reduction in input costs. The company says that the basic objective of MGL is to remain customer friendly. The company is continuously cutting gas prices, so that consumers can be encouraged to use natural gas. In a statement issued late on Tuesday evening, the company said that the prices have been reduced due to the reduction in the production cost of gas. This cut will be applicable from midnight of March 5.