Mahanagar Gas To Infuse Rs 1200cr In 5 Years

Mumbai: The Mahanagar Gas Ltd, a joint venture between Indian gas utility major, GAIL India, British Gas (UK) and the Maharashtra government has planned an investment of Rs 1,200 crore over the next five years to extend to approximately nine lakh households across Mumbai and its adjoining expansion areas under the city gas distribution network. MGL has already spent upwards of Rs 250 crore, providing piped natural gas to nearly three lakh households in Mumbai. The company has recently launched piped natural gas (PNG) in south Mumbai. PNG pipelines will soon be reaching homes in the central suburbs of Thane, Vashi, Belapur, Dombivili and the western suburb of Mira Road - Bhayandar. Places in Navi Mumbai will also be covered under the project.In three years, MGL hopes to double its subscriber base from 2.88 lakh to six lakh in Mumbai and treble it in five years, increasing supply of PNG from 1.4 million metric standard cubic metre per day (MMSCMD) to 4.5 MMSCMD in five years. In south Mumbai, 20,000 households have already been covered by PNG pipeline, while supply till date has been provided to 16,000 households. In the long run, 2.88 lakh households in the area would be covered. MGL also plans to give PNG to commercial retail customers such as hotels and hospitals.