Searched for
CGD BUSINESS
US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...- Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22Adani Total Gas has appointed Sanjay Pandita as its new CEO, effective May 22, 2026. With 25 years of experience in the energy sector, Pand...
- Worker shortage clogs up piped gas adoption; 2030 goal seems doubtfulAccording to industry players, the workforce required to install PNG connections does not exist at the scale needed. The shortage has inten...
- Iran war forces city gas firms to redraw strategies amid gas supply squeeze, shift focus to PNG expansionCity gas companies are shifting focus to domestic gas and accelerating pipeline construction due to supply disruptions from the Iran war. T...
- CGD stocks slump up to 31% in a year. Can LPG crisis fuel fresh interest in IGL, GAIL, and others?City gas distribution stocks have fallen up to 31% amid an LPG crisis, with the government pushing PNG connections. Despite technical weakn...
- AG&P to invest Rs 8,000 crore in expanding city gas network"AG&P Pratham has invested $1 billion across the authorized geographical areas for building the network as of December 2024. We plan to inv...
- BPCL to invest Rs 10,000 crore in six new city gas licencesBPCL had won 6 GAs in 19 districts for setting up City Gas Distribution (CGD) networks, in the 11th bidding round of Petroleum and Natural ...
- Torrent Gas plans IPO by FY24; eyes acquisitions in CGD businessTorrent Gas, which could be the third listed company of the group, is investing Rs 8,000 crore on expansion of its city gas distribution (C...
- L&T Infrastructure Finance to provide Rs 518 crore loan to AG&P for city gas projectsAG&P is the largest foreign player in the city gas distribution business after it won licenses to retail compressed natural gas to automobi...
- Gujarat Gas seeks shareholders nod to raise borrowing limit to Rs 15,000 croreThe company said it is India's largest city gas distribution player.
- Reduce Mahanagar Gas, target Rs 761: Reliance SecuritiesMahanagar Gas is a midcap company, operating in petroleum sector.
- Buy Ashoka Buildcon; target Rs 201: Edelweiss Financial ServicesBuy Ashoka Buildcon Ltd. at a price target of Rs 201.0 .
- Adani, IOC, BPCL, Torrent big winners of city gas licencesState gas utility GAIL's retailing arm, GAIL Gas, managed rights for five cities, including Dehradun.
- Adani walks away with gas rights for 21 cities; BPCL bags 11 citiesAccording to the Petroleum and Natural Gas Regulatory Board (PNGRB), IOC on its own won rights to seven cities, including Coimbatore and Sa...
- GSPL mulls expansion of natural gas businessGSPL is firming up plans to expand its presence in the natural gas business, and is exploring investment opportunities in LNG projects and ...
- RSMML to foray into city gas distributionRajasthan government owned mining company Rajasthan State Mines and Minerals Limited is firming up plans to foray into city gas distributio...
- LNG demand supply gap to increase: Amitabh Sengupta, Director Finance, Petronet LNGAmitabh Sengupta, Director Finance, Petronet LNG, in an interview with ET Now talks about the LNG demand-supply mismatch in India.
- Soaring prices to hit bottomlines of city gas cos: ICRASoaring prices of gas and increasing competition will eat into the profits of companies involved in the gas distribution business in cities.
- Deora gives final touches to city gas policyPetroleum Minister Murli Deora on Monday gave final touches to the policy for laying natural gas pipelines and setting up city gas distribu...
- Reliance cites China model to break PSU monopolyReliance Industries Ltd (RIL), India's largest private firm, has asked the Government to end the monopoly in distribution of natural gas to...
Load More
