Mahanagar Gas and Tata Power, India's largest integrated power utility, have signed a Memorandum of Understanding (MoU) to explore synergies of operation in integrated customer services, foray into emerging e-mobility business and other value-added services of common interests.
The MoU facilitates both the companies to explore possibilities of co-operation in Common Utility Revenue Cycle Management and Customer Management Solutions, IT Solutions, Data Analytics, Geographical Information System (GIS) based solutions SCADA systems; Common safeguard activities for underground assets, solar rooftop initiatives and setting up of commercial-scale charging and/or battery swapping stations for electric vehicles, with the allied power management solutions.
Mahanagar Gas is a city gas distribution company. The company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas and in the Raigad district in the state of Maharashtra.