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MVK Agro enters tripartite agreement with GAIL and MNGL for biogas supply

MVK Agro Food Product Limited has signed a tripartite agreement with Maharashtra Natural Gas Limited (MNGL) and GAIL (India) Limited to supply biogas and compressed biogas (CBG) under the CBG–CGD Synchronisation Scheme.

In a regulatory disclosure filed with the National Stock Exchange (NSE), the company stated that the agreement covers the supply of biogas/CBG, with the financial consideration to be finalised at the time of actual delivery of goods and services.

Based in Maharashtra’s Nanded district, MVK Agro Food Product Limited is an integrated manufacturer of sugar and allied products. The company operates a single sugar manufacturing unit with a licensed crushing capacity of 2,500 tonnes of cane per day (TCD). Alongside sugar production, it markets by-products such as molasses, bagasse and pressmud, and is also involved in power generation for its own captive use.

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