Mahanagar Gas Ltd (MGL) is one of the India's leading Natural Gas Distribution Companies. MGL is engaged in supplying natural gas in Mumbai and is presently the sole authorized distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, its adjoining areas and the Raigarh district in the state of Maharashtra. MGL is a joint venture between GAIL (India) Ltd and the BG Group, (U.K.) - both together held 65% (32.5% each) of equity (before the latest part stake sale by BG group). MGL plans to expand its gas distribution network in its current geographical areas (GA), i.e. Greater Mumbai (GA1) and surrounding regions (GA2) such as Mira-Bhayander, Thane (Urban) -Vashi-Belapur, Kharghar-Panvel-Taloja, Kalyan-Dombivali-Ambernath and Ulhasnagar....