Adani Total Gas to invest Rs 12000 cr in recently won 14 GAs under CGD bidding

2 Feb 2022 , 01:31 AM

Adani Total Gas has won licenses to expand its City Gas Distribution CGD network to 14 new Geographical Areas GAs in the recently concluded 11th round of CGD bidding by the Petroleum and Natural Gas Regulatory Board PNGRB ATGL is now the largest city gas distribution company catering to 52 GAs 19 of which are operated along with its strategic JV partner Indian Oil Corporation These 52 GAs account for 15Percentage of the country covering 124 districts across 18 States and 3 UTs With an increasing basket of products and services in the clean energy sector ATGL is committed to provide convenient and environment-friendly natural gas for cooking and water heating to more than 9 million households economic transport fuel for vehicles by establishing around 2000 CNG Stations and clean fuel to industrial and commercial consumers To achieve these ambitions ATGL will be investing Rs 12000 crore in these 14 additional GAs taking ATGLs total commitment in the clean energy sector to Rs 20000 crore