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Mahanagar Gas inks MoU to set up Rs 500 crore biogas plant

12 Jun 2023 Evaluate

Mahanagar Gas has signed a memorandum of understanding (MoU) with the Brihanmumbai Municipal Corporation to set up 1,000 tonnes per day (TPD) compressed biogas (CBG) plant in the megapolis at an investment of around Rs 500 crore. The proposed plant will process up to 1,000 TPD of deep segregated food and vegetable waste that will be supplied by the civic body.

The plant on completion will provide a three-in-one solution, functioning as a biomass waste treatment plant, an organic fertiliser production plant and a green fuel production unit. The compressed biogas produced by the plant will be consumed within the city. 

Mahanagar Gas is in the business of City Gas Distribution (CGD), supplying natural gas in the city of Mumbai including its adjoining areas and the Raigad district, in the State of Maharashtra, India.


Peers
Company Name CMP
GAIL (India) 172.65
Gujarat Energy 235.95
Indraprastha Gas 145.05
Mahanagar Gas 1071.05
Adani Total Gas 610.80
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