{"id":286801,"date":"2019-08-09T04:57:01","date_gmt":"2019-08-09T04:57:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286801"},"modified":"2019-08-09T05:11:57","modified_gmt":"2019-08-09T05:11:57","slug":"adani-plans-to-invest-rs-10000-crore-in-city-gas-distribution-networks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-plans-to-invest-rs-10000-crore-in-city-gas-distribution-networks\/","title":{"rendered":"Adani plans to invest Rs 10,000 crore in city gas distribution networks"},"content":{"rendered":"<p>Adani Gas, the city gas distribution (CGD) arm of Adani Group, looks to invest close to Rs 10,000 crore in the 15 geographical areas (GA) it won in the ninth and 10th rounds of CGD bidding. The company also looks to advance work on the Gujarat and Rajasthan GAs. <\/p>\n<p>\u201cIn the ninth and 10th rounds, we won 15 GAs. One of these \u2014 close to Faridabad \u2014 has already gone into operation. Another should get operational soon,\u201d said Suresh Manglani, chief executive officer, Adani Gas. <\/p>\n<p>The company added it has so far spent Rs 400 crore on these GAs and placed vendor orders. \u201cFull investment in the GAs over eight years will be Rs 10,000 crore,\u201d said Manglani, in a post-earnings media call on Wednesday evening.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Gas, the city gas distribution (CGD) arm of Adani Group, looks to invest close to Rs 10,000 crore in the 15 geographical areas (GA) it won in the ninth and 10th rounds of CGD bidding. The company also looks to advance work on the Gujarat and Rajasthan GAs. \u201cIn the ninth and 10th rounds, we won 15 GAs. One of these \u2014 close to Faridabad \u2014 has already gone into operation. Another should get operational soon,\u201d said Suresh Manglani, chief executive officer, Adani Gas. The company added it has so far spent Rs 400 crore on these GAs and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-286801","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286801","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286801"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286801\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}