MNGLMaharashtra Natural Gas Ltd. (India)
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As many as 90 locations on various roads have been identified by MNGL.
MNGL, which began initial operations in October 2008 during the Commonwealth Youth Games, set up its first station in early 2009.
The Minister launched MNGL s Clean-Green-Smart Pune initiative which aims at making Pune a pollution free city with a yearlong activity plan which includes tree plantation Each One Plant One , Green Run for Green Cause Greenothon , Our Planet Our Future , Smart safety program Learn not to Burn , Alert today Alive Tomorrow etc.
Shri Pradhan inaugurated MNGL s piped gas supply to Nanded City one of the prestigious projects of the Magarpatta group bringing 24 X 7 supply of gas on tap to the residents.
The Minister handed over Insurance policies gifted by MNGL to 10 autorickshaw drivers under the Pradhan Mantri Suraksha Bima Yojana.
Indraprastha Gas Limited has inked a Share Purchase Agreement (SPA) to buy upto 5,00,00,000 equity stocks of INR 10 each of Maharashtra Natural Gas Limited (MNGL) at a Price of INR 38 per equity stock from certain financial investor stakeholders of MNGL in such a way so that upto closure of the proposed deal the Company's stake in MNGL shall not exceed 50% of the issued, subscribed and paid up share capital of MNGL.
But, IGL's holding will not be more than 50% of the issued, subscribed and paid up stock capital of MNGL, following the deal.