We met the management of Mahanagar Gas (MGL) to get insights into their business and future plans. MGL is one of India's largest players in the city gas distribution (CGD) business. The company has become the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas and Raigad district in Maharashtra with volumes of 2.4 mmscmd in FY16. MGL has a strong parentage and is jointly promoted by Gail and BG Asia Pacific Holdings Pte FY16 Ltd (BGAPH). The company's volumes have increased at 6.7% CAGR in...