New CGD Networks Give South India the Potential to Lead CNG Growth in Second Half of the Decade
During our visit to New Delhi in December 2016, we had to defend ourselves from demonetization and the city’s choking air pollution. Even as India...
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Falling Natural Gas Production and Poor Import Infra Make PNG a Distant Dream for Most Indians
In July 2015, the Indian government set a target of 10 million PNG (piped natural gas) connections to be made within two years. But as of September...
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Mahanagar Gas IPO - Provides Enough Discount but Might Not Be a High-Flyer
Mahanagar Gas's (MGL) two main shareholders, Gail India Ltd and British Gas, plan to raise US$150m through this IPO by selling 12.5% stake each. We...
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Mahanagar Gas Pre-IPO Review - Needs to Come in at a Discount to IGL
Mahanagar Gas Limited (MGL), a city gas distributor for Mumbai and its neighbouring region, plans to raise US$150-200m through its IPO. The IPO...
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