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MGL said total gas sales jumped nearly 44 per cent to 313.75 million cubic meters with CNG sales soaring 64 per cent. EBITDA fell 6 per cent to Rs 285.55 crore in April-June.
The price revision comes amidst rising prices of the natural gas at source both internationally as well as for domestically drilled gas.
Autorickshaws will charge Rs 23 for the first 1.5 km instead of Rs 21, and Rs 15 for every subsequent kilometer instead of the prevailing rate of Rs 14, an RTA official said.
MGL has increased the retail price of CNG by Rs 4/kg to Rs 80 and that of domestic PNG by Rs 3/SCM (standard cubic metre) to Rs 48.50, in and around Mumbai.
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SIAM sought a reduction in CNG prices and import duties on certain raw materials for steel and plastic products while welcoming the government's decision to lower the petrol and diesel prices.
The price of CNG in the national capital on Saturday was hiked by Rs 2 per kg, the 13th increase in rates in just over two months.
The Indraprastha Gas Limited (IGL), on Saturday, increased the price of Compressed Natural Gas (CNG) by Rs 2 per kg. With this CNG will cost Rs 75.61 per kg with effect from today.
The price of CNG in the national capital has been hiked by Rs 2 per kg, the 12th increase in rates in just over two months.
With the latest hike, CNG is now priced at Rs 73.61 per kg in Delhi, Rs 76.17 per kg in Noida, and Rs 81.94 in Gurugram
Citing a steep hike of 110 per cent in the cost of natural gas supplies, city gas distributor MGL increased the retail price of automobile fuel CNG by Rs 4 per kg
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Petrol now costs Rs 105.41 and diesel Rs 96.67 per litre in the national capital; the CNG price on Monday stood at Rs 71.61 per kg
Commuters in Delhi may face problems as various unions of auto, taxi and mini bus drivers have decided to go on strike on Monday. The unions have been demanding hike in fare rates and slashing of CNG prices. While most unions said they will be on one-day strike, the Sarvodaya Driver Association Delhi, which has members who drive for cab aggregators, said it will go an "indefinite" strike from Monday. The unions have refused to call of their strike despite an announcement by the Delhi government to form a committee to consider fare revision in a time-bound manner. "We have decided to go on an indefinite strike from Monday in view of no action by the government to help us by slashing prices of fuels and revising fares," President, Sarvodaya Driver Association Delhi, Kamaljeet Gill, said. General secretary of the Delhi Auto Rickshaw Sangh, Rajendra Soni, said the "unprecedented" hike in rates of CNG has taken a toll auto and cab drivers. "We know that the Delhi government is forming
In all, the CNG price has risen by Rs 15.6 per kg in less than six weeks. This includes a Rs 7.50 per kg hike in this month alone
CNG prices in the national capital on Thursday were hiked for the second day in a row by Rs 2.50 per kilogram, taking the total increase since March to Rs 12.5 per kg. CNG in the National Capital Territory (NCT) of Delhi now costs Rs 69.11 per kg, up from Rs 66.61 per kg, according to the information posted on the website of Indraprastha Gas Ltd (IGL) - the firm which retails CNG and piped cooking gas in the national capital and adjoining cities. Rates had gone up by Rs 2.50 per kg on Wednesday as well. However, there was no change in the rates of Piped Cooking Gas (PNG). It continues to cost Rs 41.61 per standard cubic meter. CNG prices in Delhi have increased by Rs 12.48 per kg since March when city gas distributors started factoring in high international energy prices. On Thursday, Mahanagar Gas Limited (MGL) raised Compressed Natural Gas (CNG) price by Rs 7 per kg to Rs 67 per kg in Mumbai while Gujarat Gas hiked rates by Rs 6.50 per kg to Rs 76.98 per kg. Prices vary from ci
In the national capital, Indraprastha Gas Ltd (IGL) raised CNG price by another Rs 2.5 per kg, taking the total increase in rates in the last one month to about Rs 10 per kg
In a month, the CNG prices have been revised seven times, which comes on the back of a surge in gas prices globally