ACHIEVEMENTS FY 24-25

[Audio] Mahanagar Gas Limited's annual report presentation highlights its remarkable accomplishments in the fiscal year 2024-2025. We will share these outstanding achievements with you today..

[Audio] In this period, we have witnessed remarkable growth in our industrial and commercial operations. We have achieved new milestones in terms of connectivity and conversion rates. In a single month, we have reached a record high of 73,802 connections in March 2025, surpassing the previous best of 54,464 in March 2024. Similarly, we have also seen a significant increase in conversions, with 25,135 customers converted in January 2025, exceeding the earlier record of 21,852 in March 2024. Highest in a financial year, we have made substantial progress, connecting over 3,43000 households and converting more than 1,75,693 customers. Our team projects have also shown impressive results, achieving a conversion rate of 1,29,129, surpassing the earlier record of 1,28,872. New areas connected include Gasification of Ambernath West area (DRS 137A) and conversion of first domestic customer on 12.07.2024. First domestic conversion in Anand Nagar, Khopoli (DRS 405A) and Derivali Village, Panvel (DRS 308A) on 31.01.2025. Connectivity of Khetwadi pocket by identifying alternative route for MP laying, which was earlier considered difficult..

[Audio] In this remarkable period, we have witnessed unprecedented growth in our industrial and commercial operations. Our highest ever monthly connectivity was achieved in March 2025, with a staggering 73,802 connections made. This surpasses the previous record of 54,464 connections set in March 2024. Additionally, we have also seen a significant increase in conversions, with 25,135 conversions recorded in January 2025, exceeding the earlier high of 21,852 conversions in March 2024. Furthermore, our team projects have achieved their highest ever conversion rate, with 1,29,129 conversions recorded, surpassing the previous record of 1,28,872 conversions in FY 23-24. Moreover, MGL has also achieved its highest ever conversion rate, with 1,75,693 conversions recorded, surpassing the earlier high of 1,75,571 conversions in FY 23-24. We have also expanded our network by connecting new areas, including the gasification of Ambernath West area (DRS 137A) and the conversion of the first domestic customer on 12.07.2024. We have also successfully converted the first domestic customers in Anand Nagar, Khopoli (DRS 405A), and Derivali Village, Panvel (DRS 308A) on 31.01.2025..

[Audio] In this fiscal year, we have made significant strides in expanding our network by commissioning forty new CNG stations, exceeding our previous record of thirty-six achieved last year. Notably, eleven of these newly commissioned stations are already online, featuring ten MGL-owned facilities across various locations..

[Audio] We have made significant progress in our pipeline infrastructure this year. A total of 244.2 kilometers of steel pipelines and medium-pressure pipelines were laid down across all our Gas Authorities. This achievement demonstrates our commitment to expanding our network and increasing accessibility to our services. The successful completion of several critical crossings is notable, including the long-awaited demand for gas in Dombivli West, which enables us to open up new pockets for conversion. The Kopri Railway crossing, accomplished through the Auger Boring method, allows us to provide gas to the Kopri and Thane East areas after a 15-year wait. Moreover, we have finished the road crossing on MG Road, Fashion Street, which was pending since 2015 to provide PNG connections to the Bombay Gymkhana..

[Audio] We have successfully expanded our office presence by opening two new offices, one at Nahur and another at Seawoods. This strategic move has enabled us to better serve our customers and increase our operational efficiency..

[Audio] We received the highest-ever security deposit refund of twenty point five crore rupees in a single financial year, demonstrating our commitment to excellence and efficiency. Moreover, we successfully liquidated cash work-in-progress worth eight hundred and eight crore rupees, showcasing our ability to manage resources effectively. Additionally, our capital expenditure reached an all-time high of one thousand forty-seven point two nine crore rupees, with projects accounting for nine hundred forty-eight point three three crore rupees and other expenditures amounting to ninety-nine point nine six crore rupees. This achievement solidifies our position as a leader in the industry..

[Audio] The company has undertaken various process improvements, leading to enhanced efficiency and reduced costs. One such improvement is the undertaking of downstream piping work for Commercial A customers, which has optimized steel structure costs. Additionally, the laying of medium-pressure pipelines alongside road construction has streamlined operations. Moreover, allocating multiple BP numbers to gas meters has saved time previously spent on assigning serial numbers individually. The automation of LMC tasks has also minimized the time spent on updating customer information, enabling the focus on more critical tasks. Furthermore, the development of a new T-code for PO tracking has facilitated the validation of SAP for service regulator consumption, restricting single SR uploads per order. This has expedited the approval process and reduced physical file movement by routing NRO's online instead of offline. As a result, these efforts have led to improved efficiency and reduced costs, ultimately benefiting customers..

[Audio] Gasification of old infrastructure has enabled us to provide services to more areas, including Bhiwandi city. We have secured permissions to install DRS systems in various locations, such as Deonar depot and Lodha Palava phase-II, Khoni, without incurring additional costs. Moreover, we have connected several prominent residential and commercial establishments, including those belonging to notable individuals like the Chairman of TCS and the Tata Group's Chairman, Mr. Noel Tata. Furthermore, we have started providing PNG connections to residents of BARC colony and the RBI Deputy Governor's residence. Our efforts have also contributed to the development of policies and guidelines for the CGD sector, ensuring a smoother regulatory environment..

[Audio] We have made significant progress in strengthening our infrastructure and enhancing customer services. We successfully installed FRP fire water tanks in Vilebhagad, avoiding rock cutting and saving time and cost. We have also received approvals for installing solar panels over canopies and sales buildings at CNG stations, ensuring a more sustainable future. Our team obtained necessary permits and clearances, including those from the fire department and local authorities. We completed critical pipeline connectivity on busy roads, facilitating online connectivity for nearby businesses. These achievements demonstrate our commitment to providing reliable and efficient services to our customers..

CELEBRATING SUCCESS.

[Audio] We have concluded our exploration of the accomplishments of Financial Year 24-25. I would like to seize this chance to convey my appreciation to each individual who has contributed to this outstanding journey. Your diligence, dedication, and perseverance have enabled us to attain these significant milestones. Thank you for your unwavering efforts. We could not have accomplished this without your invaluable contributions..