Mahanagar Gas outlines ₹1,300 crore capex plan
after close1 source ↓written by the desknot a recommendation
Mahanagar Gas Ltd has announced a capital expenditure plan of ₹1,200-1,300 crore for the upcoming financial year, maintaining current spending levels. The company is also exploring renewable energy asset acquisitions while expanding its CNG, LNG, and domestic PNG networks across Mumbai. This strategy aims to enhance infrastructure amid reduced government gas supplies.
Not investment advice. For informational purposes only.