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Adani Gas bags 13 CGD projects

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Capital Market
Last Updated : Nov 21 2018 | 3:16 PM IST
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 operating currently CGD network in 4 locations i.e. Ahmedabad, Baroda, Faridabad and Khurja. Its joint venture with IOCL is currently running CGD networks at Prayagraj, Chandigarh, Panipat, Udham Singh Nagar, Daman, Dharwad, Ernakulam, South Goa and Bulandshahr. With the Government of India planning to offer additional geographical areas for gas distribution in the Xth round involving 50 GAs comprising of 123 districts coupled with rapid urbanization, AGL is on track to become one of the largest private sector CGD companies of the world.

AGL is committed to achieve approximately 23 lakh domestic piped natural gas connections and install approximately 500 CNG stations in these 13 new GAs.

List of 13 GAs (state-wise) for which Adani Gas has been granted authorization to lay city gas infrastructure and supply natural gas in the IXth round of CGD bidding is as under:

Gujarat
1. Surendranagar District (Except areas already authorized)
2. Kheda (except areas already authorized), Morbi (Except areas already authorized) & Mahisagar Districts
3. Porbandar District
4. Barwala & Ranpur Talukas
5. Navsari (Except areas already authorized), Surat (Except areas already authorized), Tapi (Except areas already authorized) & The Dangs Districts

Haryana
6. Nuh & Palwal Districts
7. Bhiwani, Charkhi Dadri & Mahendragarh Districts

Karnataka

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8. Udupi District

Tamil Nadu
9. Cuddalore, Nagapattinam & Tiruvarur Districts
10. Tiruppur District

Rajasthan
11. Bhilwara & Bundi Districts
12. Chittorgarh (Other than Rawatbhata Taluka) & Udaipur Districts

Odisha
13. Balasore, Bhadrak & Mayurbhanj Districts

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First Published: Nov 21 2018 | 2:49 PM IST

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