Gujarat State Petroleum Corporation Ltd

GSPC is one of the leading oil and gas exploration, development and production companies in India. We are also one of the largest gas trading companies in India. In addition, we have a significant presence in the gas transmission and gas distribution businesses. Our exploration, development and production activities are conducted both onshore and offshore in India and overseas. Government of Gujarat along with its public sector undertakings are holding more than 86.89% of equity of the company as on 31-Mar-17.

As of now we hold PI in 22 onshore and offshore exploration and production blocks/fields. Out of which, we hold PI in 17 producing fields in the Cambay Basin and 01 producing field in Krishna Godavari Basin. We hold PI in 02 exploration blocks in Cambay Basin and 01 each in Mumbai Offshore and Kutch Offshore. We conduct all our exploration, development and production activities through unincorporated joint ventures with other domestic oil and gas companies and foreign partners and pursuant to PSCs.

We, through our Subsidiaries and Associates, operate the largest gas transmission and distribution network in the State of Gujarat. Our subsidiary, Gujarat State Petronet Limited (GSPL), is a gas transmission company on common carrier basis. Gujarat Gas Ltd. and Sabarmati Gas, are engaged in the business of City Gas Distribution and related pipeline infrastructure in Gujarat. Between them, these companies have developed pipeline infrastructure and supply piped gas to domestic customers, industrial customers, commercial customers and Compressed Natural Gas ("CNG") stations in Gujarat. We trade in Liquefied Natural Gas ("LNG"), catering to industries, engaged in power generation, steel and city gas distribution, among others.

We engage in other activities in the energy sector as well. Associate, GSPC LNG Limited (GSPC LNG), is developing an LNG terminal at Mundra in Gujarat. Our associate company Gujarat State Energy Generation Limited (GSEG), owns and operates a gas based power plant at Hazira in Gujarat. Another wholly owned subsidiary, GSPC Pipavav Power Company Limited (GPPC), has set up a gas-fired combined cycle power plant at Pipavav in Gujarat. We have also set up a wind farm at Jakhau in Gujarat.

Gujarat State Petronet Limited (GSPL) was set up to complement the efforts of GSPC. While GSPC harnesses and procures natural gas, GSPL is building the infrastructure that transmits the gas across the state of Gujarat and ultimately allows last-mile linkage to the end-user.

GSPL is laying a gas grid, to facilitate gas transmission from supply points to demand centres.

State-of-the-art network

The gas grid is equipped with the latest bi-directional gas transmission technology to enable two-way gas flow. This introduces a lot of flexibility into transmission by allowing gas to be sourced or uploaded at either end of the pipeline network. Besides, the network is continuously monitored using SCADA systems integrated with GIS technology.

Flexibility of transmission

Another innovation is in the open access or contract carrier principle of transmission. This allows any gas transmission company to approach GSPL for permission to use the network on payment of the required charges. Thus, private sector participation in gas transmission is encouraged, which makes more volumes available for consumers.

Pipeline Network

GSPL has already put in place a pipeline network of about 2600 km and further extension of pipeline network is going on. The company has signed gas transmission agreements with various industries for the transportation of natural gas from various supply sources in Gujarat.

Presently, the company transmits over 22 MMSCMD of natural gas.

GSPL India Gasnet Limited (GIGL) is a Special Purpose Vehicle promoted by GSPL along with Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) for the purpose of implementation of cross country pipeline spanning over 1600 km passing through Mehsana - Bhatinda - Jammu - Srinagar.

The initiative aims to leverage the knowledge and experience of GSPL in execution of cross country pipelines for more than 10 years. To facilitate the pan India network expansion plan, GIGL seeks to employ a team of self-driven professionals with proven capabilities to man the key positions.

GSPL India Transco Limited (GITL) is a Special Purpose Vehicle promoted by GSPL along with IOCL, BPCL and HPCL for the purpose of implementation of cross country pipeline spanning over 1600 km passing through Mallavarm - Bhopal - Bhilwara - Vijaipur. The initiative aims to leverage the knowledge and experience of GSPL in execution of cross country pipelines for more than 10 years.

To facilitate the pan India network expansion plan, GITL seeks to employ a team of self-driven professionals with proven capabilities to man the key positions.

The GSPC Group’s foray into Gas Distribution in a big way bears testimony to our core philosophy of being ‘A Complete Energy Company'.

The role of Gujarat Gas Limited is envisioned to be complementary to Gujarat State Petronet Ltd. (GSPL). At every location where the GSPL network ends, the Gujarat Gas retail network starts. This has resulted in a strong synergy in network management besides ensuring that Gas is adequately available to all retail segments in Gujarat.

Sabarmati Gas Ltd. (SGL) is a joint venture with BPCL, set up in 2006, for the development of city gas distribution networks in Gandhinagar, Sabarkantha, Mehsana, Arvalli and Patan districts of north Gujarat. We together with our subsidiary GSPL hold 25% equity interest in SGL, BPCL holds another 25.0% and Institutional Investors collectively hold a 49.8% equity interest in SGL.

SGL connects more than 1,00,000 domestic customers spread in 14 towns. It has linked more than 110 villages in 5 districts and operates 50 CNG stations.

GSPC Pipavav Power Company Ltd. (GPPC) is a Special Purpose Vehicle set up by Gujarat State Petroleum Corporation (GSPC) along with Gujarat Power Corporation Ltd. (GPCL) to set up a power project catering to energy requirements in Gujarat. Government of Gujarat has entrusted the Pipavav Power project to the GSPC Group, reflecting the faith of the government in the Group's track record of timely and efficient commissioning of power projects.

GSEG (Gujarat State Energy Generation Ltd.) is a Special Purpose Vehicle (SPV) formed by GSPC (Gujarat State Petroleum Corporation) to generate power in Gujarat by harnessing the eco-friendly and economical natural gas. GSEG is part of the GSPC Group's overall strategy of establishing a presence in both the upstream and downstream segments of the energy value chain. The company is committed to using innovative, advanced and reliable technology for producing gas-based power.

We, together with Gujarat Gas Limited, hold the entire equity share capital in Guj Info Petro Limited ("GIPL").

GIPL was established on 15th January, 2001 to provide information technology solutions. GIPL’s operations vary from the implementation of information technology projects to consultancy, software development and implementation, data centre applications, co-location of servers, mailing solutions, virtual private network with tunneling solutions, video conferencing, bandwidth management software, facility management services and internet protocol. It provides a range of network services, such as IT consultancy services. Apart from developing a pipeline management program for GSPL, GIPL is also involved in software development and Wireless Gas Management System for City Gas Distribution & PNG etc.

GSPC LNG Limited (GLL) is promoted by GSPC to augment the supply of environment friendly and efficient fuel. The company is setting up Mundra LNG terminal to import LNG to meet the growing energy demand. The LNG terminal will comprise of receiving, storage and re-gasification facilities of LNG with state of the art technology. The 5.0 MMTPA LNG terminal (expandable to 10 MMTPA) is designed to have a berth for receiving LNG tankers of sizes 75,000 M3 to 260,000 M3, two LNG storage tanks of capacity 1,60,000 M3 each, facilities for regasification and gas evacuation.

The EPCC contract for the LNG Storage facilities has been awarded to M/s IHI Corporation, Japan and EPCC contract for Regas Facilities has been awarded to consortium of M/s Toyo Engineering India Limited and M/s Toyo Engineering Corporation, Japan. The Company has appointed M/s Whessoe Engineering Ltd, UK as its Project Management Consultant (PMC). The construction is in full swing at site and the terminal is expected to be commissioned in the Q1, 2017.

Gujarat Energy Research and Management Institute (GERMI) is promoted by Gujarat State Petroleum Corporation Ltd. (A Govt. of Gujarat Undertaking) with strong support from the State Government. GSPC is a fully integrated energy company having a presence in various operations such as Exploration & Production, Transportation & Distribution of Gas, Power Generation and IT services. It is one of the fastest growing state owned companies and has excellent support from Gujarat Govt. as well as from Central Govt. It is one of the fastest growing state owned companies and is taking excellent initiatives to enhance its energy footprint, not only in India but also abroad.