Type | Public Sector Undertaking |
---|---|
BSE: 539957 NSE: MGL | |
Industry | Natural gas |
Founded | 1995 |
Headquarters | Mumbai, Maharashtra, India |
Area served | Mumbai Metropolitan Region and adjoining areas |
Key people | Ashu Shinghal, Managing Director |
Services | Natural gas distribution |
Revenue | ₹3,300 crore (US$410 million) (2019–20) [1] |
₹791 crore (US$99 million) (2019–20) [1] | |
Owner | GAIL (India) Limited (32.5%) |
Number of employees | 500+ |
Website | www |
Mahanagar Gas Limited (MGL) is an Indian natural gas distribution company, incorporated on 8 May 1995. MGL is an enterprise of GAIL (India) Limited (Maharatna Company of Government of India) and Government of Maharashtra.
Mahanagar Gas presently supplies CNG to 0.77 million vehicles and piped natural gas to 1.53 million domestic households. [2] Besides 3342 ST/ TMT / MSRTC / NMMT / PMPML buses, more than 6580 /Tempos/Trucks/Private buses are using CNG supplied through its wide distribution network. Consisting of about 450 km (280 mi) steel and over 470 km (290 mi) PE Pipeline over 250 CNG stations through 1268 dispensing points. Mahanagar Gas has also some petrol stations in Maharashtra. It is reported as one of the profitable companies in India.[ citation needed ]
Mahanagar Gas sources natural gas from a diversified base of suppliers for its domestic and industrial customers. Natural gas for domestic use is supplied by the Ministry of Petroleum and Natural Gas and GAIL under the administered price mechanism agreements while that for industrial and commercial use is sourced from the spot market or long-term contracts. [2]
Compressed natural gas (CNG) is a fuel gas mainly composed of methane (CH4), compressed to less than 1% of the volume it occupies at standard atmospheric pressure. It is stored and distributed in hard containers at a pressure of 20–25 megapascals (2,900–3,600 psi), usually in cylindrical or spherical shapes.
A Natural Gas Vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). Natural gas vehicles should not be confused with autogas vehicles powered by liquefied petroleum gas (LPG), mainly propane, a fuel with a fundamentally different composition.
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