MGL to expand its business into CBG, LNG & EV segments

New Delhi: Mahanagar Gas Ltd (MGL), an Indian natural gas distribution firm, intends to extend its operations outside city gas distribution (CGD). The firm intends to join the compressed biogas (CBG) sector, as well as the electric car market and the selling of liquefied natural gas (LNG) as a long-distance fuel.

MGL

This decision to embrace new opportunities in the EV value chain and pass on gas price cuts to customers demonstrates the company’s commitment to these new segments.