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MoneyWorks4Me

Adani Gas has bagged authorization from the Petroleum and Natural Gas Regulatory Board, Government of India to expand its city gas footprint in 13 new Geographical Areas (GAs) in the recently concluded 9th round of CGD bidding. In addition, the company has also won 9 GAs in its joint venture company with Indian Oil Corporation, i.e. Indian Oil - Adani Gas (IOAGPL).

Adani Gas is a wholly owned subsidiary of the Adani Enterprise (AEL) and was incorporated for setting up distribution network in various cities to supply natural gas to industrial, Commercial, Domestic and CNG Customers. 

Peers
Company Name CMP
GAIL (India) 166.00
Gujarat Energy 212.90
Indraprastha Gas 139.80
Mahanagar Gas 1051.80
Adani Total Gas 537.30
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