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Mahanagar Gas Limited (MGL)
What MGL does

Mahanagar Gas Limited

What company does?Distributes natural gas in Mumbai and its surrounding areas.
Established1995
Entity typePrivate
HeadquartersIndia
SegmentB2C
Mahanagar Gas Limited is a share market listed company in the Oil- Gas & Consumable Fuels industry . It got listed on NSE on 01-JUL-2016 under the trading symbol MGL. On BSE it is listed under trading symbol MGL. The company operates in Energy , Gas distribution and Utilities categories.

Company overview

Mahanagar Gas Limited (MGL) is a leading natural gas distribution company in India, catering to the energy needs of Mumbai and its surrounding areas. Established in 1995, MGL has been at the forefront of promoting clean and green fuel alternatives for residential, commercial, and industrial consumers.

MGL's primary business revolves around supplying compressed natural gas (CNG) for vehicles and piped natural gas (PNG) for households, businesses, and industries. The company operates an extensive network of pipelines that deliver these eco-friendly fuels to over 1.2 million homes and thousands of commercial establishments.

One significant aspect that sets Mahanagar Gas Limited apart from its competitors is its focus on leveraging innovative technology to enhance operational efficiency while minimizing environmental impact. By incorporating advanced metering infrastructure (AMI), remote monitoring systems, and automation technologies into their operations, MGL ensures reliable supply management while reducing energy wastage.

The company's commitment to sustainability is further underscored by its efforts towards creating a robust infrastructure for electric vehicle charging stations across Mumbai. This initiative aligns with national priorities aimed at accelerating the adoption of electric mobility as part of India's clean energy transition. Moreover,Mahanagar Gas Limited collaborates with various stakeholders including government bodies, urban local bodies, regulatory authorities like Petroleum And Natural Gas Regulatory Board(PNRGB), Oil Marketing Companies(OMCs), Automotive Research Association Of India(ARAI). These collaborations enable them not only to expand their reach but also contribute significantly towards policy formulation related to sustainable energy practices. In conclusion ,Mahanagar Gas Limited stands out due to its unwavering commitment towards providing environmentally friendly fuel solutions through cutting-edge technology implementation . Its collaboration with multiple entities further strengthensits position as an industry leader in the Indian natural gas sector.
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