CapEx News

Mahanagar Gas powers up for green future with Rs 1,325 crore investment

Petroleum Jul 18,2025

Mahanagar Gas Ltd (MGL) plans to invest Rs 1,325 crore with partners over two years to establish an EV battery gigafactory and a compressed biogas (CBG) facility. Aiming to reduce reliance on CNG, whi

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Maharashtra government approves land for biogas plants

Power Generation May 21,2025

The Maharashtra government approved transferring 18 acres in Deonar to Mahanagar Gas for compressed bio-gas plants, investing Rs 600 crore. The project will use municipal wet waste, supporting the cen

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BMC allocates Rs 300 crore for solid waste management, plans bio-CNG plant at Deonar

Petroleum Feb 06,2025

The Brihanmumbai Municipal Corporation (BMC) has allocated Rs 300 crore for solid waste management, including a bio-CNG plant at Deonar dumping ground. In partnership with Mahanagar Gas (MGL), the pla

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IBC to establish Rs 390 crore giga factory unit in Bengaluru

Manufacturing Jan 16,2025

International Battery Company (IBC) plans to set up a Rs 390 crore lithium-ion gigafactory in Karnataka, generating 300 jobs. The facility, in partnership with Mahanagar Gas Limited, will produce ba

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MGL to enter battery cell manufacturing; announces plans for giga factory in Bengaluru

Automotive Industries Nov 09,2024

Mahanagar Gas Limited (MGL) plans to establish a lithium-ion battery giga factory in Bengaluru, marking its entry into the electric vehicle and renewable energy sectors. This facility will boost India

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