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| logo_size = 150px | | logo_size = 150px | ||
| logo_caption = | | logo_caption = | ||
| type = [[Public | | 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]], | | location = [[Mumbai]], [[Maharashtra]], India | ||
| locations = | | locations = | ||
| area_served = | | 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| | | 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| | | 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 = | ||
| | | parent = | ||
| num_employees = | | num_employees = 493 | ||
| | | owner = [[GAIL|GAIL (India) Limited]] (32.5%) | ||
| divisions = | | divisions = | ||
| subsid = | | subsid = | ||
| homepage = {{URL|www.mahanagargas.com}} | | homepage = {{URL|www.mahanagargas.com}} | ||
}} | }} | ||
'''Mahanagar Gas Limited | '''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]] | ||
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}} | ||