Adani Total Gas Ltd (ATGL), the joint venture between Adani Group and TotalEnergies of France, on Monday said it will invest Rs 20,000 crore in setting up city gas infrastructure across the country over the next 8 years, with 60 per cent of the money going into the 14 licences it won recently.
With the addition of 14 geographical areas or GAs it won in the latest bid round for city gas distribution (CGD) licences, Adani Total Gas now has a footprint in 95 districts spread across 12 states, catering to more than 9 million households.
The company is now the largest CGD player, retailing CNG to automobiles and piped natural gas to households in 33 GAs.
