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Gujarat Gas Company Limited

Company type	Public
Traded as	BSE: 523477 NSE: GUJRATGAS
Industry	Oil and gas
Predecessor	Gujarat Gas Company Limited (GGCL) GSPC Gas GSPC Distribution Network Ltd.
Founded	1980 (1980)
Founder	Government of Gujarat
Headquarters	GUJRAT, Ahmedabad, India
Area served	India
Key people	Anil Mukim (Chairman)
Products	Natural gas
Services	CNG, PETROL, DEISEL
Revenue	₹10,610 crore (US$1.3 billion) (FY2019-20)
Operating income	₹1,718 crore (US$210 million) (FY2019-20)
Net income	₹1,195 crore (US$140 million) (FY2019-20)
Parent	Gujarat State Petroleum Corporation
Website	www.gujaratgas.com

Gujarat Gas Limited is an Indian natural gas distribution company, owned by Gujarat State Petroleum Corporation. Established in 1980, and headquartered in Ahmedabad, the company operates primarily in Gujarat. It is India's largest city gas distribution (CGD) company.

History

Gujarat Gas Company Limited (GGCL) was incorporated in 1980, and is in the business of procurement and distribution of natural gas. The company went public in October 1991, listing on the Bombay Stock Exchange and the National Stock Exchange. The BG Group acquired a majority stake in the company in 1997. In October 2012, the majority owner in the firm, BG Group, sold its 65% stake for a fee of around $470 million. The buyer was GSPC Gas, a unit of the state-run Gujarat State Petroleum Corporation (GSPC). GSPC Gas and GGCL were merged in 2015 and the new company was named Gujarat Gas Limited.

Operations

As of May 2015, Gujarat Gas Limited has City Gas Distribution (CGD) network in 649 human settlements (city, town, villages) in 19 districts of Gujarat and Union Territory of Dadra and Nagar Haveli and Thane GA (including Palghar district) of Maharashtra.

As of 2017, it has the largest customer base in gas distribution sector in India: 10,80,000 domestic households, 2,835 industrial customers, 11,900 commercial and non-commercial customers, 233 CNG stations selling more than 7,65,000 kg of CNG per day serving to more than 1,60,000 vehicles per day. It has achieved the highest total daily gas sales volume in India, up to 6.5 million cubic metre per day at standard conditions. It market capitalisation was Rs. 10,600 crore (15 May 2015).

References

1. ^ "GSPC Gas, GGCL merger completed". The Times of India. 17 May 2015.
2. "Company Facts – Gujarat Gas". CNBC TV18 Money Control. Retrieved 7 October 2011.
3. "GGCL History". Gujarat Gas Company Limited. Archived from the original on 4 November 2011. Retrieved 7 October 2011.
4. "BG offloads Gujarat Gas stake for $470 mln". Reuters. 3 October 2012. Archived from the original on 6 March 2016.
5. "From CEO's Desk | About Us". gujaratgas.com. Retrieved 24 June 2017.

v t e State of Gujarat
Capital: Gandhinagar
Topics	Architecture Cinema Cuisine Culture Economy Education Geography Government Highest point History Language Literature People Politics Protected areas of Gujarats Tourism
Regions of Gujarat	Kutch Saurashtra North Gujarat Central Gujarat South Gujarat
Districts	Ahmedabad Amreli Anand Aravalli Banaskantha Bharuch Bhavnagar Botad Chhota Udaipur Dahod Dang Devbhumi Dwarka Gandhinagar Gir Somnath Jamnagar Junagadh Kutch Kheda Mahisagar Mehsana Morbi Narmada Navsari Panchmahal Patan Porbandar Rajkot Sabarkantha Surat Surendranagar Tapi Vadodara Valsad
Major cities	Ahmedabad Amreli Anand Ankleshwar Bharuch Bhavnagar Botad Bhuj Dwarka Gandhidham Gandhinagar Godhra Jamnagar Junagadh Kheda Mehsana Morbi Nadiad Navsari Modasa Patan Porbandar Rajkot Surat Surendranagar Dudhrej Wadhwan Wankaner Udhna Vadodara Valsad Vapi Veraval Visnagar
Ecoregions	Indus River Delta–Arabian Sea mangroves Khathiar–Gir dry deciduous forests North Western Ghats moist deciduous forests Aravalli West Thorn Scrub Forests Rann of Kutch
Economy	Ahmedabad Bus Rapid Transit System GIFT City Sabarmati Riverfront Sardar Sarovar Dam GSWAN Power stations and power organisations Gujarat State Petroleum Corporation Gujarat Gas
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