Gujarat Gas (GGL) and Indian Oil Corporation (IOCL) have signed a non-binding Memorandum of Understanding (MOU) to broaden the scope and accessibility of energy solutions for consumers. This significant alliance between two major players in the energy sector is set to deliver an extensive range of products and services throughout GGL’s authorized areas.
Under the MoU, IOCL will provide liquid fuels at GGL outlets. IOCL will provide Automotive Lubricants, Greases, and Specialties at the GGL outlet. Besides, the company will set up CNG Mother facility at IOCL Outlets and CNG facility at IOCL COCO Outlets.
Gujarat Gas is engaged in City Gas Distribution including sale, purchase supply, distribution, transport, trading in Natural Gas, CNG, LNG, LPG & other Gaseous form through Pipelines, Trucks/ Trains or such other suitable mode for transportation/distribution of Natural Gas, CNG, LNG, LPG & other Gaseous Form.
| Company Name | CMP |
|---|---|
| GAIL India | 157.70 |
| Gujarat Gas | 367.35 |
| Indraprastha Gas | 166.35 |
| Mahanagar Gas | 1138.00 |
| Adani Total Gas | 620.55 |
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