MGL eyes 1 mn new PNG connections in FY27
Mahanagar Gas Ltd (MGL) aims to add a million new piped natural gas (PNG) connections in the fiscal year 2027, as it ramps up its capital expenditure by 20% to ₹1,800 crore. The company plans to triple its daily connection rate to 3,000, driven by government policies encouraging the shift from liquefied petroleum gas (LPG) to PNG.
This expansion is aimed at reducing reliance on LPG, which is a key driver of India's gas transition. MGL's network currently spans 8,477 km and includes 8,477 km of pipeline infrastructure. The company achieved a record 97,461 domestic PNG conversions in the first quarter of the fiscal year, indicating strong operational momentum.
CEO Rajesh Patel expressed confidence in reaching the target, stating that the company may increase daily connections beyond 1,000 to achieve the ambitious goal.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
