Adani Gas acquires CGD network in Ludhiana, Jalandhar, Kutch (East)
Adani Gas has signed a definitive agreement for the acquisition of three Geographical Areas (GA) — Ludhiana, Jalandhar and Kutch (East) — from a consortium led by Jay Madhok Energy.
All three GAs have high volumes potential in terms of demand of over 6.5 MMSCMD (million metric standard cubic meter per day) over a period of 10 years. These GA’s are under Phase 1 of Bharatmala Pariyojana by NHAI, which will boost the development and volume growth.
Ludhiana and Jalandhar are twin cities of Punjab and are major industrial and commercial hubs with very high-volume potential of CNG and PNG homes. Both cities are in the vicinity of the pipeline connectivity. Kutch (East) in Gujarat is poised to take centre stage for the development in Gujarat.
