
The company said it has taken steps to maintain consistent supply across its geographical areas, in line with the Natural Gas (Supply Regulation) Order, 2026, which accords top priority to domestic PNG and CNG. MGL operates across multiple regions including Mumbai, Thane, Navi Mumbai, Raigad, Ratnagiri, Chitradurga, Davanagere, Latur and Dharashiv.
To accelerate PNG adoption, MGL has introduced several benefits for domestic consumers. These include free gas worth ₹500 for new registrations between March 16 and April 30, a ₹1,000 bill adjustment in buildings with over 60% penetration, and a ₹500 instant discount for web-based registrations.
The company has also waived minimum charges during periods of non-usage and said it plans to introduce zero upfront registration charges, where customers pay only after conversion, alongside flexible payment plans.
For commercial users, MGL has waived registration charges and will undertake downstream infrastructure at its own cost.
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Following the announcement, shares of Mahanagar Gas were trading at ₹924.70, up ₹16.30 or 1.79%, as of 2:21 PM on the NSE.