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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

Gas crunch reaches Mumbai’s high-rise

Mahanagar Gas cuts PNG supply by 50 pc; biz hit Mumbai : Delivering another shock, the Mahanagar Gas Ltd. on Saturday mandated all commercial users to draw only 50 pc of their piped natural gas (PNG) supply with a warning of steep fines and abrupt cut in connection for violators, sending shockwaves in the industry.   This comes barely 48 hours after its first missive (March 12) imposing a 20 per cent  cut in PNG offtake by commercial users, which hit the bakery industry hard, amid...

Gas crunch reaches Mumbai’s high-rise

Mahanagar Gas cuts PNG supply by 50 pc; biz hit Mumbai : Delivering another shock, the Mahanagar Gas Ltd. on Saturday mandated all commercial users to draw only 50 pc of their piped natural gas (PNG) supply with a warning of steep fines and abrupt cut in connection for violators, sending shockwaves in the industry.   This comes barely 48 hours after its first missive (March 12) imposing a 20 per cent  cut in PNG offtake by commercial users, which hit the bakery industry hard, amid  speculation that lakhs of domestic PNG users may be affected next.   The MGL’s directives follow a central order (March 9), calling upon all commercial users to restrict their PNG consumption to only 50 pc of their average usage over the past six months.   The revised rules within 48 hours sent fresh shockwaves among the already panicked commercial PNG users, triggering apprehensions that even domestic consumers may feel the heat with likely ‘rationing’ of their convenient piped fuel connections.   “The gas curtailment is around 50 pc for industrial customers and 20 pc for commercial customers to maintain continuous gas supply to our CNG stations and domestic PNG customers,” a company spokesperson told  The Perfect Voice , justifying its ‘force majeure’ intimations.   Price Revision In its first order, the MGL had indicated a revision in PNG prices due to “gas pooling” arrangements, with the final rates to be announced after consultations with suppliers and the government.   Today, it willy-nilly unveiled the potential harsh hike in the rates of PNG: “We have been informed that any gas drawal by MGL exceeding permissible levels will attract a gas price of Rs 138/Standard Cubic Metre plus VAT.”   Accordingly, all commercial users have been warned that from Friday (March 13), if they cross the threshold limits (50 pc), they will be charged Rs 138/SCM  (Rs. 4091.21/MMBTU), and further usage above the permissible limits would lead to abrupt disconnection of supplies.   Piped Gas Presently, the MGL has over 30-lakh households using PNG in Mumbai and Mumbai Metropolitan Region (MMR), besides 5,200-plus commercial-industrial clients spread in multiple sectors, wholly dependent on piped gas connections.   Additionally, it runs 471-plus CNG stations and supplies it to more than 12-lakh vehicles including public and private transport, with plans to cover large urbanized pockets of Raigad district by 2029   Some of its bulk users include: Godrej Industries Ltd., Larsen & Toubro, Hindalco, several five-star hotels, IT companies, medicare like Asian Heart Institute or Lilavati Hospital, pharmaceutical industry, food and beverages, etc.   Home-makers howl An online achievement school ‘Multiversity of Success’ Founder Dr. Rekhaa Kale (Sion) said if the PNG cuts reach homes, it will disrupt the lives of millions of Mumbaikars. “Now, I regret giving up my LPG cylinders 10 years ago for the PM-Urja scheme, it could have been a life-saver today,” grumbled Dr. Kale.   A private nurse Kirron V. (Dahisar) rued that the real impact of gas shortage will be visible in Mumbai if domestic PNG supplies are also hit. “The so-called elite living in airconditioned high-rises sniggered and ‘looked down’ upon those sweating it out in snaky queues for a LPG cylinder,” she said sarcastically.   As the Gulf War entered the 15 th  day today, the FHRAWI-AHAR Vice-President Pradeep Shetty and other major organisations have repeatedly slammed the government for the acute short supply of LPG leading to chaos all over.

Adani scion Jeet’s moments with ‘special couples’

Adani

Mumbai: In a warm and humane gesture, Jeet Adani - the young scion of billionaire industrial tycoon Gautam Adani – hosted and blessed 21 newly married physically-challenged women and their husbands, just 48 hours before his own marriage scheduled on February 7, officials said here on Wednesday.


Jeet, 27, is slated to tie the knot with Diva Shah, the daughter of Mumbai-based diamantaire Jaimin Shah, the co-owner of the leading diamond house C. Dinesh & Co. Pvt. Ltd, with operations sprawled across Surat and Hongkong.


Ahead of Jeet’s ‘low-profile’ nuptials, the Adani family announced a new initiative ‘Mangal Seva’ to pour joy into the lives of 500 newly-married women with disabilities.


“Every year, they shall be provided financial assistance of Rs One Million each. Today, Jeet Adani met the first of the 21 couples under the ‘Mangal Seva’ initiative at his home in Ahmedabad,” said an official source.


Videos and photos of a smiling, bearded Jeet clad in a simple maroon designer kurta and white pyjamas plus black comfies, bowing before the couples, felicitating them, who in turn blessed him for his own Big Day on Friday.


A thrilled Gautam Adani took to X and expressed his happiness over Jeet’s propitious move ahead of the prospective bridegroom's auspicious marriage.


He expressed his full confidence that through this sacred effort, the lives of many handicapped daughters and their families would be filled with happiness, peace and dignity.


The family said that Jeet is inspired by his mother, Dr. Priti Gautam Adani, who evolved the Adani Foundation from a small rural project in Mundra (Gujarat), into a global force heralding change.


Presently, Jeet is a Director of Adani Airport Holdings Ltd. (AAHL) – India’s largest airport infrastructure company - which is managing and developing eight airports, including Mumbai and Navi Mumbai airports.


Educated at the University of Pennsylvania’s School of Engineering & Applied Sciences, he started his career with the Adani Group in 2019, at the CFO’s office, focussing on Capital Markets, Risk & Governance Policy besides Strategic Finance. It involved working with all the listed verticals of Group, and in June 2020, h e took over as the AAHL Director, and also oversees the Group’s defence, petrochemicals, copper businesses along with digital transformation.

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