New Delhi: Mahanagar Gas Limited (MGL) has partnered with Fourth Partner Energy to jointly develop and supply renewable energy solutions for commercial and industrial customers across MGL’s operational regions.
The Memorandum of Understanding (MoU) aims to support India’s transition towards cleaner energy and promote sustainable power solutions for businesses.
Focus on Clean Energy and Decarbonisation
Under the agreement, both companies will explore opportunities in renewable energy generation and supply.
The partnership is designed to help commercial and industrial users adopt cleaner energy alternatives, reduce carbon emissions, and move towards a greener energy mix.
Officials said the initiative aligns with India’s broader push for energy transition and environmental sustainability.
Read also: Mahanagar Gas Limited Appoints Praveer Kumar Srivastava as MD for 5-Year Term from April 30, 2026
Leadership Views on the Strategic Partnership
Speaking on the occasion, MGL Managing Director Praveer Kumar Srivastava said the collaboration will strengthen the company’s clean energy portfolio.
He said MGL, already supplying cleaner fuel to industries, will now expand into renewable energy solutions to help customers reduce their carbon footprint.
From Fourth Partner Energy, Co-Founder and Executive Director Saif Dhorajiwala highlighted the growing shift towards integrated energy systems, including renewable power and energy storage solutions.
Joint Focus on Renewable Energy Development
The MoU will enable both companies to jointly assess and develop:
- Renewable energy generation projects
- Clean energy supply solutions
- Cost-effective power options for industries
- Low-carbon energy alternatives
The collaboration is expected to bring innovative energy solutions tailored to evolving industrial requirements.
Supporting India’s Green Energy Transition
The partnership reflects increasing demand for sustainable energy solutions among Indian businesses.
Officials said the initiative will contribute to:
- Reduced dependence on conventional grid power
- Lower carbon emissions
- Improved energy efficiency for industries
- Strengthening of India’s green economy goals
Industry Perspective on Energy Shift
Experts note that Indian corporates are rapidly adopting diversified energy portfolios that include renewable power, battery storage, and flexible procurement models.
The MGL-FPEL collaboration is seen as part of this broader transformation in the country’s energy landscape.
About Mahanagar Gas Limited
Mahanagar Gas Limited is one of India’s leading city gas distribution companies, supplying natural gas to residential, commercial, and industrial consumers. The company plays a key role in promoting cleaner fuel usage and supporting India’s transition toward sustainable energy solutions.
Read also: Mahanagar Gas Appoints Praveer Kumar Srivastava as MD to Lead Growth and Clean Energy Transition
