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Gujarat Gas receives grant of authorization from PNGRB for Gas Distribution network in Ahmedabad

28 Jun 2016

Petroleum and Natural Gas Regulatory Board (PNGRB) has granted permission to Gujarat Gas(GGL) to lay, build, operate or expand city or local natural gas distribution network (CGD) in Ahmedabad, Gujarat. The company has accepted the authorization vide a confirmation letter to PNGRB on June 27, 2016.

As per the provision of the PNGRBT, the company has been granted 300 months of infrastructure exclusivity valid up to June 21, 2041 and 60 months of marketing exclusivity valid up to June 21, 2021 for the CGD network. The authorization area for laying, building, operating or expanding the proposed CGD network will cover a geographical area of 5760.41 square kilometers.

Gujarat Gas (formerly known as GSPC Distribution Networks ), has emerged as India's largest city gas distribution player with presence spread across 19 Districts in the State of Gujarat and Union Territory of Dadra Nagar Haveli and Thane GA which includes Palghar district of Maharashtra.

Related Gujarat Gas Ltd. Links:

Gujarat Gas Share Price

594.10 8.10 (1.38%) Oct 26, 10:43
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Peers
Company Name CMP
Gujarat Gas 594.10
Mahanagar Gas 993.50
Guj. State Petronet 305.45
Adani Total Gas 1467.00
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