CNG and PNG price hikes raise operating-cost pressure for Delhi-NCR and Mumbai businesses
IGL and MGL have raised CNG and PNG prices amid higher global LNG costs, lifting fuel and utility bills for foodservice, delivery and other gas-dependent operators. Delhi CNG is ₹86.98/kg, while Mumbai CNG is ₹88/kg and PNG ₹53/SCM.
What happened
Indraprastha Gas Ltd (IGL) · IGL and MGL raised CNG and PNG prices in Delhi-NCR and Mumbai amid higher global LNG costs. Updated LPG, commercial LPG, CNG and
Key facts
- Delhi CNG: ₹86.98/kg, up ₹3.89/kg
- Mumbai CNG: ₹88/kg, up ₹2/kg
- Mumbai PNG: ₹53/SCM, up ₹1/SCM
- Delhi domestic LPG cylinder: ₹942
- Mumbai domestic LPG cylinder: ₹941.50
- Delhi commercial 19kg LPG cylinder: ₹2,747.50
- Mumbai commercial 19kg LPG cylinder: ₹2,701
Why this matters
Acquirers should stress-test target EBITDA for higher utility and fleet-fuel costs and prioritize assets with energy-efficient operations, diversified fuel options or contractual pass-through mechanisms.
What to watch
- Further IGL or MGL revisions, especially another ₹2-₹4/kg CNG increase or additional PNG hikes.
- Global LNG benchmarks, rupee depreciation and domestic gas-allocation changes that could sustain elevated city-gas costs.
- Food-delivery platform changes to rider incentives, distance fees or customer delivery charges.
- Competitor menu-price actions in Delhi-NCR and Mumbai, particularly quick-service and cloud-kitchen chains.
- Restaurant same-store sales and order-frequency deterioration following surcharge or menu-price changes.
- EV charging availability, vehicle financing incentives and delivery-fleet utilization rates.
- Review city-level outlet P&Ls to isolate CNG/PNG exposure across kitchens, delivery fleets, backup power and logistics.
- Raise prices selectively on low-elasticity, high-margin items rather than applying broad menu increases.
- Reduce delivery kilometers per order through tighter service zones, batching and outlet-level demand routing.
- Renegotiate gas-linked logistics and food-distribution contracts, including fuel-surcharge clauses.
- Increase procurement of electric two-wheelers or third-party EV delivery capacity where utilization supports lower total operating cost.
- Prepare customer messaging and promotional redesign to protect traffic if price actions become necessary.