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Adani Total Gas gets PNGRB’s nod to operate City Gas distribution network in Jalandhar GA

26 Jun 2024 Evaluate

Adani Total Gas has received approval from Petroleum and Natural Gas Regulatory Board (PNGRB) to establish and operate City Gas distribution network in Jalandhar geographical areas (GA). PNGRB approval was an essential condition precedent in the Business Transfer Agreement (BTA).

With Jalandhar GA, the Company now has 34 GAs and enables the Company to have its footprint in the state of Punjab, in the gas distribution business to serve the consumers.

Adani Total Gas specialises in the development of city gas distribution (CGD) networks for the continuous supply of piped natural gas (PNG) and compressed natural gas (CNG).

Peers
Company Name CMP
GAIL (India) 170.50
Gujarat Energy 243.45
Indraprastha Gas 150.15
Mahanagar Gas 1072.65
Adani Total Gas 579.95
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