DESCRIPTION
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.