Mahanagar Gas - Revision history

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← Older revision		Revision as of 21:00, 22 August 2021
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	\| logo_size = 150px		\| logo_size = 150px
	\| logo_caption =		\| logo_caption =
	\| type = [[Public ~~listed~~ company]]		\| type = [[Public company\|Public]]
	\| traded_as = {{BSE\|539957}} <br /> {{NSE\|MGL}}		\| traded_as = {{BSE\|539957}} <br /> {{NSE\|MGL}}
	\| fate =		\| fate =
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	\| founder =		\| founder =
	\| defunct = <!-- {{End date\|YYYY\|MM\|DD}} -->		\| defunct = <!-- {{End date\|YYYY\|MM\|DD}} -->
	\| location = [[Mumbai]], [[Maharashtra]], [[India]]		\| location = [[Mumbai]], [[Maharashtra]], India
	\| locations =		\| locations =
	\| area_served = ~~<nowiki>~~Mumbai Metropolitan Region and adjoining areas~~</nowiki>~~		\| area_served = [[Mumbai Metropolitan Region]] and adjoining areas
	\| key_people = Sanjib Datta, Managing Director		\| key_people = Sanjib Datta, Managing Director
	\| industry = [[Natural gas]]		\| industry = [[Natural gas]]
	\| products =		\| products =
	\| services = Natural gas distribution		\| services = Natural gas distribution
	\| revenue = {{increase}} {{INRConvert\|22\|b}} (~~2016–17~~)<ref ~~name=M1~~>~~[https://web.archive.org/web/20171002220129/~~https://www.mahanagargas.com/UploadedFiles/~~_mgl~~-~~annual~~-~~report~~-~~fy16-17_876a3b57b0~~.pdf ~~ANNUAL REPORT 2016–17]. Mahanagar Gas Limited~~</ref>		\| revenue = {{increase}} {{INRConvert\|33\|b}} (2019–20)<ref>https://www.mahanagargas.com/UploadAssets/UploadedFiles/_afr-31-03-2020_9dcf7cc658.pdf</ref>
	\| operating_income =		\| operating_income =
	\| net_income = {{increase}} {{INRConvert\|6.97\|b}} (~~2016–17~~)<ref ~~name=M1~~ />		\| net_income = {{increase}} {{INRConvert\|7.91\|b}} (2019–20)<ref>https://www.mahanagargas.com/UploadAssets/UploadedFiles/_afr-31-03-2020_9dcf7cc658.pdf</ref>
	\| assets =		\| assets =
	\| equity =		\| equity =
	\| ~~owner~~ =		\| parent =
	\| num_employees = ~~542~~		\| num_employees = 493
	\| ~~parent~~ = [[GAIL\|~~Gail]]~~ (India) Limited 32.5%		\| owner = [[GAIL\|GAIL (India) Limited]] (32.5%)
	\| divisions =		\| divisions =
	\| subsid =		\| subsid =
	\| homepage = {{URL\|www.mahanagargas.com}}		\| homepage = {{URL\|www.mahanagargas.com}}
	~~\| footnotes = <ref name=mgl-about>{{cite web\|url=http://www.mahanagargas.com/Content.aspx?Mkey=Nw==&lKey=Mg==\|title=About MGL\|publisher=Mahanagar Gas Limited\|accessdate=2011-08-23}}</ref>~~
	}}		}}
	'''Mahanagar Gas Limited, (MGL)''', ~~one of the India's leading Natural Gas Distribution Companies was~~ incorporated on 8 May 1995. MGL is an enterprise of GAIL (India) Limited (Maharatna Company of Govt. of India) and Government of Maharashtra.<ref name=M4>[https://www.mahanagargas.com/corporate/about-mgl.aspx About MGL]. mahanagargas.com</ref>		'''Mahanagar Gas Limited (MGL)''' is an Indian [[natural gas]] distribution company, incorporated on 8 May 1995. MGL is an enterprise of [[GAIL\|GAIL (India) Limited]] (Maharatna Company of Govt. of India) and Government of Maharashtra.<ref name=M4>[https://www.mahanagargas.com/corporate/about-mgl.aspx About MGL]. mahanagargas.com</ref>

	==Operations==		==Operations==
	[[File:Mahanagar Gas 2020 stamp of India.jpg\|thumb\|261x261px\|A 2020 stamp dedicated to the 25th anniversary of Mahanagar Gas]]		[[File:Mahanagar Gas 2020 stamp of India.jpg\|thumb\|261x261px\|A 2020 stamp dedicated to the 25th anniversary of Mahanagar Gas]]
	~~MGL connects 1~~.2 million ~~households as well as over 4000 small commercial~~ and ~~industrial establishments~~. ~~There is an estimation that over 75% of~~ households ~~in Maharashtra is now using Mahanagar Gas's pipelines{{Citation needed\|date=April 2021}}~~. ~~Some private co-operative societies have installed gaslines in every home~~/~~room~~. ~~Also, line gas less often explode than an normal cylinder~~-type gas. Mahanagar Gas is using postpaid and late fee charges, so it is good for the people{{Advert inline\|date=April 2021}}. They also supplies CNG to more than 700,000 vehicles in [[Mumbai]], [[Thane]], [[Mira-~~Bhayander]], [[Navi Mumbai]] and beyond~~. Besides 3342 ST/ [[Thane Municipal Transport\|TMT]] / [[MSRTC]] / [[NMMT]] / [[PMPML]] buses, more than 6580 /Tempos/Trucks/Private buses are using CNG supplied through its wide distribution network. Consisting of about {{cvt\|450\|km}} steel and over {{cvt\|470\|km}} 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\|date=April 2021}}		Mahanagar Gas presently supplies [[CNG]] to 0.77 million vehicles and piped natural gas to 1.53 million domestic households.<ref>https://www.mahanagargas.com/UploadAssets/UploadedFiles/_mgl-investors-presentation-september20_f7780cdb2f.pdf</ref> Besides 3342 ST/ [[Thane Municipal Transport\|TMT]] / [[MSRTC]] / [[NMMT]] / [[PMPML]] buses, more than 6580 /Tempos/Trucks/Private buses are using CNG supplied through its wide distribution network. Consisting of about {{cvt\|450\|km}} steel and over {{cvt\|470\|km}} 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\|date=April 2021}}

			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.<ref>https://www.mahanagargas.com/UploadAssets/UploadedFiles/_mgl-investors-presentation-september20_f7780cdb2f.pdf</ref>

	==References==		==References==
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	[[Category:1995 establishments in Maharashtra]]		[[Category:1995 establishments in Maharashtra]]
	[[Category:Indian companies established in 1995]]		[[Category:Indian companies established in 1995]]
			[[Category:Companies listed on the National Stock Exchange of India]]
			[[Category:Companies listed on the Bombay Stock Exchange]]

	{{India-company-stub}}		{{India-company-stub}}
	~~{{en-Wikipedia}}~~

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← Older revision		Revision as of 23:53, 1 June 2021
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{{Use dmy dates|date=November 2018}}
{{Use Indian English|date=November 2018}}
{{Infobox company
| name = Mahanagar Gas Limited
| logo =
| logo_size = 150px
| logo_caption =
| type = [[Public listed company]]
| traded_as = {{BSE|539957}} <br /> {{NSE|MGL}}
| fate =
| predecessor =
| successor =
| foundation = {{Start date|1995}}
| founder =
| defunct = 
| location = [[Mumbai]], [[Maharashtra]], [[India]]
| locations =
| area_served = <nowiki>Mumbai Metropolitan Region and adjoining areas</nowiki>
| key_people = Sanjib Datta, Managing Director
| industry = [[Natural gas]]
| products =
| services = Natural gas distribution
| revenue = {{increase}} {{INRConvert|22|b}} (2016–17)<ref name=M1>[https://web.archive.org/web/20171002220129/https://www.mahanagargas.com/UploadedFiles/_mgl-annual-report-fy16-17_876a3b57b0.pdf ANNUAL REPORT 2016–17]. Mahanagar Gas Limited</ref>
| operating_income =
| net_income = {{increase}} {{INRConvert|6.97|b}} (2016–17)<ref name=M1 />
| assets =
| equity =
| owner =
| num_employees = 542
| parent = [[GAIL|Gail]] (India) Limited 32.5%
| divisions =
| subsid =
| homepage = {{URL|www.mahanagargas.com}}
| footnotes = <ref name=mgl-about>{{cite web|url=http://www.mahanagargas.com/Content.aspx?Mkey=Nw==&lKey=Mg==|title=About MGL|publisher=Mahanagar Gas Limited|accessdate=2011-08-23}}</ref>
}}
'''Mahanagar Gas Limited, (MGL)''', one of the India's leading Natural Gas Distribution Companies was incorporated on 8 May 1995. MGL is an enterprise of GAIL (India) Limited (Maharatna Company of Govt. of India) and Government of Maharashtra.<ref name=M4>[https://www.mahanagargas.com/corporate/about-mgl.aspx About MGL]. mahanagargas.com</ref>

==Operations==
[[File:Mahanagar Gas 2020 stamp of India.jpg|thumb|261x261px|A 2020 stamp dedicated to the 25th anniversary of Mahanagar Gas]]
MGL connects 1.2 million households as well as over 4000 small commercial and industrial establishments. There is an estimation that over 75% of households in Maharashtra is now using Mahanagar Gas's pipelines{{Citation needed|date=April 2021}}. Some private co-operative societies have installed gaslines in every home/room. Also, line gas less often explode than an normal cylinder-type gas. Mahanagar Gas is using postpaid and late fee charges, so it is good for the people{{Advert inline|date=April 2021}}. They also supplies CNG to more than 700,000 vehicles in [[Mumbai]], [[Thane]], [[Mira-Bhayander]], [[Navi Mumbai]] and beyond. Besides 3342 ST/ [[Thane Municipal Transport|TMT]] / [[MSRTC]] / [[NMMT]] / [[PMPML]] buses, more than 6580 /Tempos/Trucks/Private buses are using CNG supplied through its wide distribution network. Consisting of about {{cvt|450|km}} steel and over {{cvt|470|km}} 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|date=April 2021}}

==References==
{{reflist}}

{{Nifty 200 companies}}
{{Energy companies and organizations in India}}

[[Category:Oil and gas companies of India]]
[[Category:Natural gas companies]]
[[Category:Utilities of India]]
[[Category:Companies based in Mumbai]]
[[Category:Energy companies established in 1995]]
[[Category:Non-renewable resource companies established in 1995]]
[[Category:Natural gas companies of India]]
[[Category:1995 establishments in Maharashtra]]
[[Category:Indian companies established in 1995]]

{{India-company-stub}}