ATGL to pump in Rs 20,000 cr in city gas infra in next 8 years

03 Feb 2022 CW Team

With the addition of 14 geographical areas (GAs) it acquired in the recent bid round for city gas distribution (CGD) licenses, Adani Total Gas currently has a footprint in 95 districts spread across 12 states, providing to over 9 million households. The firm is now the biggest CGD player, retailing CNG to automobiles and piped natural gas to households in 33 GAs.

Adani Total Gas Ltd (ATGL) has bagged licenses to grow its CGD network in 14 new GAs in the newly achieved 11th round of CGD bidding by the Petroleum and Natural Gas Regulatory Board (PNGRB), the company said in a statement. ATGL is currently the largest city gas distribution firm catering to 52 GAs, 19 of which are working along with its strategic joint venture (JV) partner Indian Oil Corporation (IOC).

These 52 GAs account for 15% of the nation including 124 districts across 18 states and 3 UTs. On a standalone basis, ATGL has 33 GAs. With a growing basket of products and services in the clean energy sector, ATGL is committed to rendering suitable and environment-friendly natural gas for cooking and water heating to over 9 million households, economic transport fuel for vehicles by installing about 2,000 CNG Stations and clean fuel to industrial and commercial consumers.

To achieve these goals, ATGL will be pumping in Rs 12,000 crore in these 14 additional GAs, taking ATGL's total commitment in the clean energy sector to Rs 20,000 crore. Last week, PNGRB had announced winners for 52 out of the 61 GAs that obtained proposals in the latest bidding round. ATGL acquired a maximum of 14 GAs, followed by Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) acquiring a license for 13 GAs and state-owned IOC for 8 GAs.

Image Source

Also read: Indian Oil Corp bags city gas licenses for nine potential GAs

On Monday, Adani Total Gas Ltd (ATGL), the joint enterprise between Adani Group and TotalEnergies of France, told the media that it will pump in Rs 20,000 crore in installing city gas infrastructure across the nation over the coming 8 years, with 60% of the money going into the 14 licenses it won recently. With the addition of 14 geographical areas (GAs) it acquired in the recent bid round for city gas distribution (CGD) licenses, Adani Total Gas currently has a footprint in 95 districts spread across 12 states, providing to over 9 million households. The firm is now the biggest CGD player, retailing CNG to automobiles and piped natural gas to households in 33 GAs. Adani Total Gas Ltd (ATGL) has bagged licenses to grow its CGD network in 14 new GAs in the newly achieved 11th round of CGD bidding by the Petroleum and Natural Gas Regulatory Board (PNGRB), the company said in a statement. ATGL is currently the largest city gas distribution firm catering to 52 GAs, 19 of which are working along with its strategic joint venture (JV) partner Indian Oil Corporation (IOC). These 52 GAs account for 15% of the nation including 124 districts across 18 states and 3 UTs. On a standalone basis, ATGL has 33 GAs. With a growing basket of products and services in the clean energy sector, ATGL is committed to rendering suitable and environment-friendly natural gas for cooking and water heating to over 9 million households, economic transport fuel for vehicles by installing about 2,000 CNG Stations and clean fuel to industrial and commercial consumers. To achieve these goals, ATGL will be pumping in Rs 12,000 crore in these 14 additional GAs, taking ATGL's total commitment in the clean energy sector to Rs 20,000 crore. Last week, PNGRB had announced winners for 52 out of the 61 GAs that obtained proposals in the latest bidding round. ATGL acquired a maximum of 14 GAs, followed by Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) acquiring a license for 13 GAs and state-owned IOC for 8 GAs. Image Source Also read: Indian Oil Corp bags city gas licenses for nine potential GAs

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..