{"id":261839,"date":"2019-03-01T04:55:57","date_gmt":"2019-03-01T04:55:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=261839"},"modified":"2019-03-01T04:55:57","modified_gmt":"2019-03-01T04:55:57","slug":"gujarat-gass-volatile-margins-are-taking-the-sheen-off-its-growth-story","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gujarat-gass-volatile-margins-are-taking-the-sheen-off-its-growth-story\/","title":{"rendered":"Gujarat Gas\u2019s volatile margins are taking the sheen off its growth story"},"content":{"rendered":"<p>Gujarat Gas Ltd (GGL) has emerged as the clear winner among three listed city gas distribution firms in the tenth round of bidding for licences. The company won licences in six geographical areas, while Delhi\u2019s Indraprastha Gas Ltd won in three areas and Mumbai\u2019s Mahanagar Gas Ltd did not win any.<\/p>\n<p>The new areas will support GGL\u2019s long-term growth. However, investors would do well to wait for more clarity on volume expectations and capex details. \u201cWe believe ramping up on these new areas will be the key challenge,&#8221; said Jefferies India Pvt. Ltd in a report on 27 February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gujarat Gas Ltd (GGL) has emerged as the clear winner among three listed city gas distribution firms in the tenth round of bidding for licences. The company won licences in six geographical areas, while Delhi\u2019s Indraprastha Gas Ltd won in three areas and Mumbai\u2019s Mahanagar Gas Ltd did not win any. The new areas will support GGL\u2019s long-term growth. However, investors would do well to wait for more clarity on volume expectations and capex details. \u201cWe believe ramping up on these new areas will be the key challenge,&#8221; said Jefferies India Pvt. Ltd in a report on 27 February.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-261839","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=261839"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261839\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=261839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=261839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=261839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}